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

Malaga Financial Co. (OTCMKTS:MLGF) announced a quarterly dividend on Friday, March 14th, NASDAQ Dividends reports. Stockholders of record on Monday, March 24th will be paid a dividend of 0.25 per share on Tuesday, April 1st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.84%. The ex-dividend date of this dividend is Monday, March 24th.

Malaga Financial Trading Up 0.1 %

Shares of OTCMKTS MLGF opened at $20.65 on Friday. Malaga Financial has a twelve month low of $20.31 and a twelve month high of $22.75. The company has a market capitalization of $194.61 million, a price-to-earnings ratio of 8.61 and a beta of 0.49. The business has a 50 day simple moving average of $21.01 and a 200-day simple moving average of $22.15.

Malaga Financial (OTCMKTS:MLGF) last released its quarterly earnings data on Wednesday, January 22nd. The company reported $0.56 earnings per share (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.