Pacific Financial (OTCMKTS:PFLC) Trading Down 0.7% – Should You Sell?

Pacific Financial Co. (OTCMKTS:PFLC)’s stock price was down 0.7% during trading on Thursday . The stock traded as low as $12.31 and last traded at $12.31. Approximately 2,250 shares changed hands during trading, a decline of 60% from the average daily volume of 5,664 shares. The stock had previously closed at $12.40.

Pacific Financial Stock Performance

The company has a 50 day moving average price of $12.31 and a 200 day moving average price of $11.24.

Pacific Financial (OTCMKTS:PFLC) last posted its 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. Shareholders of record on Friday, November 8th were issued a dividend of $0.14 per share. The ex-dividend date was Friday, November 8th. This represents a $0.56 annualized dividend and a yield of 4.55%. Pacific Financial’s dividend payout ratio (DPR) 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.