Pacific Financial (OTCMKTS:PFLC) Trading Down 3.5%

Pacific Financial Co. (OTCMKTS:PFLC)’s stock price traded down 3.5% on Wednesday . The company traded as low as $9.65 and last traded at $9.65. 3,532 shares were traded during trading, a decline of 38% from the average session volume of 5,737 shares. The stock had previously closed at $10.00.

Pacific Financial Stock Performance

The business’s 50-day moving average is $9.77 and its two-hundred day moving average is $10.35.

Pacific Financial (OTCMKTS:PFLC) last announced its quarterly earnings data on Friday, April 26th. The company reported $0.26 earnings per share for the quarter. The business had revenue of $12.85 million for the quarter.

Pacific Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Friday, May 10th were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.80%. The ex-dividend date of this dividend was Wednesday, May 8th. This is an increase from Pacific Financial’s previous quarterly dividend of $0.13. Pacific Financial’s dividend payout ratio is currently 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.