Pacific Financial (OTCMKTS:PFLC) Trading Up 0.5%

Pacific Financial Co. (OTCMKTS:PFLC) traded up 0.5% on Thursday . The stock traded as high as $9.80 and last traded at $9.80. 2,334 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 5,608 shares. The stock had previously closed at $9.75.

Pacific Financial Stock Down 0.4 %

The firm has a fifty day simple moving average of $9.77 and a two-hundred day simple moving average of $10.26.

Pacific Financial (OTCMKTS:PFLC) last released its earnings results on Friday, April 26th. The company reported $0.26 EPS for the quarter. The firm had revenue of $12.85 million for the quarter.

Pacific Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Friday, May 10th were issued a $0.14 dividend. The ex-dividend date of this dividend was Wednesday, May 8th. This is an increase from Pacific Financial’s previous quarterly dividend of $0.13. This represents a $0.56 dividend on an annualized basis and a yield of 5.74%. Pacific Financial’s payout ratio 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.