M&F Bancorp (OTCMKTS:MFBP) Stock Price Down 0.9% – Time to Sell?

M&F Bancorp, Inc. (OTCMKTS:MFBPGet Free Report)’s stock price was down 0.9% on Tuesday . The stock traded as low as $18.83 and last traded at $18.83. Approximately 140 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 3,128 shares. The stock had previously closed at $19.00.

M&F Bancorp Price Performance

The company’s 50-day moving average is $18.56 and its two-hundred day moving average is $17.73.

M&F Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 21st were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date was Thursday, November 21st.

About M&F Bancorp

(Get Free Report)

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

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