Malaga Financial (OTCMKTS:MLGF) Trading Up 0%

Malaga Financial Co. (OTCMKTS:MLGF)’s stock price rose 0% during trading on Friday . The stock traded as high as $22.55 and last traded at $22.55. Approximately 162 shares traded hands during trading, a decline of 93% from the average daily volume of 2,240 shares. The stock had previously closed at $22.54.

Malaga Financial Trading Up 0.0 %

The firm has a market capitalization of $202.50 million, a price-to-earnings ratio of 8.78 and a beta of 0.50. The business has a 50-day moving average price of $22.70 and a two-hundred day moving average price of $23.13.

Malaga Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Tuesday, March 26th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 4.43%. The ex-dividend date was Monday, March 25th. Malaga Financial’s dividend payout ratio is presently 38.95%.

About Malaga Financial

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, and demand deposits. The company also provides commercial real estate, land, business banking, consumer, and personal loans, as well as single and multi-family residential mortgage loans.