Malaga Financial Co. (OTCMKTS:MLGF - Get Free Report) shares dropped 0.7% during mid-day trading on Monday . The company traded as low as $22.60 and last traded at $22.70. Approximately 2,203 shares traded hands during trading, a decline of 29% from the average daily volume of 3,113 shares. The stock had previously closed at $22.85.
Malaga Financial Stock Performance
The company's 50 day moving average price is $22.63 and its 200-day moving average price is $22.68. The stock has a market cap of $203.73 million, a P/E ratio of 8.76 and a beta of 0.49.
Malaga Financial (OTCMKTS:MLGF - Get Free Report) last announced its earnings results on Friday, July 12th. The company reported $0.64 earnings per share for the quarter.
Malaga Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Friday, September 20th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 4.41%. The ex-dividend date was Friday, September 20th. Malaga Financial's dividend payout ratio is 38.61%.
About Malaga Financial
(
Get Free Report)
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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