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MLGF Malaga Financial Corporation (PK)

22.85
-0.05 (-0.22%)
04 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Malaga Financial Corporation (PK) USOTC:MLGF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -0.22% 22.85 22.60 22.97 22.85 22.85 22.85 850 18:25:30

Malaga Financial Corporation Announces 43rd Consecutive Quarterly Cash Dividend

13/03/2015 9:24pm

Business Wire


Malaga Financial (PK) (USOTC:MLGF)
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Malaga Financial Corporation (OTCBB:MLGF) Malaga Financial Corporation announced today the declaration of a cash dividend in the amount of 20 cents per share to shareholders of record on March 27, 2015. The dividend will be paid out on or about April 3, 2015. Randy C. Bowers, President and CEO, remarked, “Our continued strong earnings and capital level allow us to reward our shareholders with a 20 cent quarterly dividend which represents a 3.61% annualized yield based on our most recent closing price of $ 22.14. In addition, we are celebrating the 30th anniversary of the opening of Malaga Bank on March 14, 1985. We look forward to continuing to serve and support the South Bay community.”

Malaga Bank, a subsidiary of MFC, is a full-service community bank headquartered on the Palos Verdes Peninsula with six offices located in the South Bay area of Los Angeles. Malaga Bank has been rated as the #1 healthiest bank in America by DepositAccounts.com, the largest and most comprehensive online publication in the U.S. dedicated to banking/savings (deposits) information for consumers. Since 1985 Malaga has been delivering competitive banking services to residents and businesses of the South Bay, including real estate loan products custom-tailored to consumers and investors. As the largest community bank in the South Bay, Malaga is proud of its continuing tradition of relationship-based banking and legendary customer service. The Bank’s web site is located at www.malagabank.com.

Malaga Financial CorporationRandy BowersPresident and Chief Executive Officer(310) 375-9000rbowers@malagabank.com

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1 Year Malaga Financial (PK) Chart

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1 Month Malaga Financial (PK) Chart

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