Pacific Financial (OTCMKTS:PFLC) Trading 1.1% Higher – What’s Next?

Pacific Financial Co. (OTCMKTS:PFLC) shares rose 1.1% during trading on Friday . The stock traded as high as $12.28 and last traded at $12.28. Approximately 17,300 shares traded hands during mid-day trading, an increase of 105% from the average daily volume of 8,444 shares. The stock had previously closed at $12.15.

Pacific Financial Price Performance

The company has a 50-day moving average price of $12.44 and a 200 day moving average price of $11.53.

Pacific Financial (OTCMKTS:PFLC) last released its quarterly earnings results on Friday, October 25th. The company reported $0.25 EPS for the quarter. The company had revenue of $12.89 million during the quarter.

Pacific Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 4.56%. The ex-dividend date was Friday, November 8th. Pacific Financial’s payout ratio is 125.40%.

About Pacific Financial

Pacific Financial Corporation operates as the bank holding company for Bank of the Pacific that provides various banking products and services in Washington and Oregon. The company offers personal and business checking, and savings accounts; certificates of deposit, individual retirement accounts, and other investment options; home loans; and auto and recreation loans, credit cards, and home equity line of credit.