Malaga Financial Co. (MLGF) to Issue Quarterly Dividend of $0.25 on October 2nd

Malaga Financial Co. (OTCMKTS:MLGFGet Free Report) announced 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 dividend on an annualized basis and a dividend yield of 4.38%. The ex-dividend date of this dividend is Friday, September 20th.

Malaga Financial Price Performance

Shares of OTCMKTS:MLGF opened at $22.84 on Wednesday. The company has a market cap of $204.99 million, a P/E ratio of 8.82 and a beta of 0.49. Malaga Financial has a 12-month low of $21.38 and a 12-month high of $23.90. The company’s fifty day moving average is $22.53 and its two-hundred day moving average is $22.67.

Malaga Financial (OTCMKTS:MLGFGet Free Report) last posted its quarterly earnings data on Friday, July 12th. The company reported $0.64 earnings per share for the quarter.

About Malaga Financial

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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.

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Dividend History for Malaga Financial (OTCMKTS:MLGF)

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