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

Malaga Financial Co. (OTCMKTS:MLGF) declared a quarterly dividend on Friday, September 13th, NASDAQ reports. Shareholders of record on Friday, September 20th will be given a dividend of 0.25 per share on Wednesday, October 2nd. This represents a $1.00 annualized dividend and a dividend yield of 4.38%. The ex-dividend date is Friday, September 20th.

Malaga Financial Stock Performance

OTCMKTS MLGF opened at $22.84 on Thursday. The stock has a market capitalization of $204.99 million, a P/E ratio of 8.82 and a beta of 0.49. Malaga Financial has a 1 year low of $21.38 and a 1 year high of $23.90. The business’s fifty day moving average is $22.53 and its two-hundred day moving average is $22.67.

Malaga Financial (OTCMKTS:MLGF) last posted its quarterly earnings results on Friday, July 12th. The company reported $0.64 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.