Malaga Financial Co. Declares Quarterly Dividend of $0.25 (OTCMKTS:MLGF)

Malaga Financial Co. (OTCMKTS:MLGF) declared a quarterly dividend on Friday, November 15th,NASDAQ Dividends reports. Investors of record on Friday, December 20th will be given a dividend of 0.25 per share on Thursday, January 2nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date of this dividend is Friday, December 20th.

Malaga Financial Price Performance

Shares of OTCMKTS MLGF opened at $22.92 on Wednesday. Malaga Financial has a 1 year low of $21.38 and a 1 year high of $23.75. The firm has a 50-day simple moving average of $22.86 and a two-hundred day simple moving average of $22.74. The company has a market cap of $205.71 million, a P/E ratio of 8.92 and a beta of 0.48.

Malaga Financial (OTCMKTS:MLGF) last posted its quarterly earnings results on Tuesday, October 15th. The company reported $0.62 EPS for the quarter.

Malaga Financial Company Profile

Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers. It offers checking, savings, NOW, and money market accounts, certificates of deposits, business banking, consumer, and demand deposits.