Malaga Financial (OTCMKTS:MLGF – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.56 earnings per share (EPS) for the quarter, Zacks reports.
Malaga Financial Trading Down 0.6 %
Shares of OTCMKTS MLGF opened at $21.12 on Thursday. The stock has a market cap of $198.95 million, a P/E ratio of 8.63 and a beta of 0.47. Malaga Financial has a twelve month low of $21.00 and a twelve month high of $22.75. The stock has a 50 day moving average of $22.44 and a two-hundred day moving average of $22.59.
Malaga Financial Announces Dividend
The company also recently declared 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 of this dividend was Friday, December 20th. This represents a $1.00 dividend on an annualized basis and a yield of 4.73%. Malaga Financial’s dividend payout ratio is presently 40.86%.
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.
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