M&F Bancorp, Inc. (OTCMKTS:MFBP – Get Free Report) announced a quarterly dividend on Friday, February 7th,NASDAQ Dividends reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.06 per share by the financial services provider on Wednesday, March 19th. This represents a $0.24 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend is Friday, February 21st. This is a boost from M&F Bancorp’s previous quarterly dividend of $0.05.
M&F Bancorp Price Performance
Shares of M&F Bancorp stock opened at $18.50 on Wednesday. The company’s fifty day moving average price is $19.79 and its two-hundred day moving average price is $18.98. M&F Bancorp has a 52-week low of $11.50 and a 52-week high of $24.31.
M&F Bancorp (OTCMKTS:MFBP – Get Free Report) last posted its earnings results on Friday, February 7th. The financial services provider reported $0.42 earnings per share for the quarter.
M&F Bancorp Company Profile
M&F Bancorp, Inc operates as a bank holding company for the Mechanics and Farmers Bank that provides consumer and commercial banking products and services in North Carolina. It offers deposit products, including demand deposits; checking, savings, and money market accounts, as well as certificates of deposit.
Further Reading
- Five stocks we like better than M&F Bancorp
- What to Know About Investing in Penny Stocks
- Intel Surges on M&A Talks: Rally Beginning or Just a Headfake?
- Are Penny Stocks a Good Fit for Your Portfolio?
- Solid Biosciences Soars 32% on Trial Data: 189% Upside from Here?
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Up Nearly 1000%, Can AppLovin Keep Delivering for Investors?
Receive News & Ratings for M&F Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M&F Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.