Pacific Financial (OTCMKTS:PFLC) Shares Up 1.1% – Here’s Why

Pacific Financial Co. (OTCMKTS:PFLC) shares were up 1.1% during trading on Friday . The company traded as high as $12.28 and last traded at $12.28. Approximately 17,300 shares traded hands during mid-day trading, an increase of 105% from the average daily volume of 8,444 shares. The stock had previously closed at $12.15.

Pacific Financial Stock Performance

The firm’s 50 day moving average price is $12.44 and its two-hundred day moving average price is $11.54.

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

Pacific Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 4.56%. The ex-dividend date was Friday, November 8th. Pacific Financial’s dividend payout ratio (DPR) is presently 125.40%.

Pacific Financial Company Profile

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.