Malaga Financial Co. (OTCMKTS:MLGF) Declares Quarterly Dividend of $0.25

Malaga Financial Co. (OTCMKTS:MLGF) declared a quarterly dividend on Friday, November 15th,NASDAQ Dividends reports. Shareholders of record on Friday, December 20th will be given a dividend of 0.25 per share on Thursday, January 2nd. This represents a $1.00 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date is Friday, December 20th.

Malaga Financial Price Performance

Shares of MLGF opened at $22.92 on Wednesday. The company has a market capitalization of $205.71 million, a P/E ratio of 8.92 and a beta of 0.48. Malaga Financial has a one year low of $21.38 and a one year high of $23.75. The business’s 50 day simple moving average is $22.86 and its 200-day simple moving average is $22.74.

Malaga Financial (OTCMKTS:MLGF) last issued its quarterly earnings data on Tuesday, October 15th. The company reported $0.62 EPS for the quarter.

About Malaga Financial

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.