Malaga Financial (OTCMKTS:MLGF – Get Free Report) announced its earnings results on Tuesday. The company reported $0.57 earnings per share (EPS) for the quarter, Zacks reports.
Malaga Financial Stock Performance
MLGF stock opened at $21.00 on Wednesday. Malaga Financial has a one year low of $20.12 and a one year high of $23.75. The firm has a market cap of $197.90 million, a price-to-earnings ratio of 8.76 and a beta of 0.29. The firm has a 50-day simple moving average of $20.83 and a two-hundred day simple moving average of $21.89.
Malaga Financial Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 24th were paid a $0.25 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.00 annualized dividend and a yield of 4.76%. Malaga Financial’s dividend payout ratio (DPR) is presently 41.67%.
Malaga Financial Company Profile
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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