Malaga Financial (OTCMKTS:MLGF – Get Free Report) issued its earnings results on Wednesday. The company reported $0.56 EPS for the quarter, Zacks reports.
Malaga Financial Stock Performance
OTCMKTS MLGF opened at $21.16 on Friday. Malaga Financial has a 1 year low of $21.00 and a 1 year high of $22.75. The stock has a market capitalization of $199.33 million, a P/E ratio of 8.81 and a beta of 0.47. The business’s fifty day moving average is $22.44 and its two-hundred day moving average is $22.59.
Malaga Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 20th were paid a dividend of $0.25 per share. The ex-dividend date was Friday, December 20th. This represents a $1.00 dividend on an annualized basis and a yield of 4.73%. Malaga Financial’s payout ratio is currently 41.70%.
Malaga Financial Company Profile
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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