Pacific Financial (OTCMKTS:PFLC) Trading Down 2.3% – Here’s What Happened

Pacific Financial Co. (OTCMKTS:PFLC) fell 2.3% during mid-day trading on Tuesday . The stock traded as low as $12.50 and last traded at $12.70. 210 shares were traded during mid-day trading, a decline of 96% from the average session volume of 5,354 shares. The stock had previously closed at $13.00.

Pacific Financial Trading Down 2.3 %

The company has a 50 day moving average of $12.08 and a 200 day moving average of $10.97.

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

Pacific Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 4.41%. The ex-dividend date was Friday, November 8th. Pacific Financial’s dividend payout ratio (DPR) is presently 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.