STOCK TITAN

Malaga Financial Corporation Announces 81st Consecutive Quarterly Cash Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Malaga Financial (OTCPink:MLGF) has declared its 81st consecutive quarterly cash dividend of 25 cents per share. The dividend will be paid on or about October 2, 2024, to shareholders of record on September 20, 2024. This represents a 4.38% annualized yield based on the most recent closing price of $22.84. Malaga Bank, a subsidiary of Malaga Financial , is a full-service community bank with six offices in the South Bay area of Los Angeles. The bank has maintained Bauer Financial Inc.'s premier Top 5-Star rating for 67 consecutive quarters as of June 2024, highlighting its financial stability and performance.

Malaga Financial (OTCPink:MLGF) ha dichiarato il suo 81° dividendo trimestrale consecutivo in contante di 25 centesimi per azione. Il dividendo sarà pagato il 2 ottobre 2024, a favore degli azionisti registrati il 20 settembre 2024. Questo rappresenta un rendimento annualizzato del 4,38% basato sul prezzo di chiusura più recente di $22,84. Malaga Bank, una sussidiaria di Malaga Financial, è una banca comunitaria a servizio completo con sei uffici nell'area di South Bay a Los Angeles. La banca ha mantenuto il prestigioso rating Top 5-Star di Bauer Financial Inc. per 67 trimestri consecutivi a partire da giugno 2024, evidenziando la sua stabilità finanziaria e performance.

Malaga Financial (OTCPink:MLGF) ha declarado su 81° dividendo en efectivo trimestral consecutivo de 25 centavos por acción. El dividendo se pagará aproximadamente el 2 de octubre de 2024, a los accionistas registrados el 20 de septiembre de 2024. Esto representa un rendimiento anualizado del 4.38% basado en el precio de cierre más reciente de $22.84. Malaga Bank, una subsidiaria de Malaga Financial, es un banco comunitario de servicio completo con seis oficinas en el área de South Bay de Los Ángeles. El banco ha mantenido la calificación Top 5-Star de Bauer Financial Inc. durante 67 trimestres consecutivos hasta junio de 2024, resaltando su estabilidad financiera y rendimiento.

말라가 파이낸셜 (OTCPink:MLGF)은 81번째 연속 분기 현금 배당금으로 주당 25센트를 선언했습니다. 배당금은 2024년 10월 2일경에 지급되며, 2024년 9월 20일 기준 주주들에게 지급됩니다. 이는 최신 마감 가격인 $22.84를 기준으로 연간 수익률 4.38%에 해당합니다. 말라가 뱅크는 말라가 파이낸셜의 자회사로, 로스앤젤레스의 사우스베이 지역에 여섯 개 사무소를 둔 종합 커뮤니티 은행입니다. 이 은행은 2024년 6월 기준으로 67분기 연속으로 바우어 파이낸셜사의 최고 5성 등급을 유지하고 있으며, 이는 재정 안정성과 성과를 강조합니다.

Malaga Financial (OTCPink:MLGF) a déclaré son 81e dividende trimestriel en espèces consécutif de 25 cents par action. Le dividende sera payé aux alentours du 2 octobre 2024, aux actionnaires enregistrés le 20 septembre 2024. Cela représente un rendement annualisé de 4,38% basé sur le dernier cours de clôture de 22,84 $. Malaga Bank, une filiale de Malaga Financial, est une banque communautaire offrant des services complets avec six agences dans la région de South Bay à Los Angeles. La banque a maintenu la note 5 étoiles de Bauer Financial Inc. pendant 67 trimestres consécutifs jusqu'en juin 2024, soulignant sa stabilité financière et sa performance.

Malaga Financial (OTCPink:MLGF) hat seine 81. aufeinanderfolgende vierteljährliche Barausschüttung von 25 Cent pro Aktie erklärt. Die Ausschüttung wird voraussichtlich am 2. Oktober 2024 an die am 20. September 2024 eingetragenen Aktionäre ausgezahlt. Dies entspricht einer annualisierten Rendite von 4,38% basierend auf dem zuletzt geschlossenen Preis von 22,84 $. Die Malaga Bank, eine Tochtergesellschaft von Malaga Financial, ist eine vollwertige Gemeinschaftsbank mit sechs Niederlassungen im South Bay-Gebiet von Los Angeles. Die Bank hat seit Juni 2024 die hervorragende 5-Sterne-Bewertung von Bauer Financial Inc. für 67 aufeinanderfolgende Quartale aufrechterhalten, was ihre finanzielle Stabilität und Leistung unterstreicht.

Positive
  • Declared 81st consecutive quarterly cash dividend, demonstrating consistent shareholder returns
  • 4.38% annualized dividend yield, offering attractive income for investors
  • Maintained Bauer Financial Inc.'s Top 5-Star rating for 67 consecutive quarters, indicating strong financial health
Negative
  • None.

PALOS VERDES ESTATES, Calif., Sept. 13, 2024 (GLOBE NEWSWIRE) -- Malaga Financial Corporation (OTCPink:MLGF) announced today the declaration of a cash dividend in the amount of 25 cents per share to shareholders of record on September 20, 2024. The dividend will be paid out on or about October 2, 2024. Randy C. Bowers, Chairman, President and CEO, remarked, “We are pleased to reward our loyal shareholders with this 25-cent quarterly dividend which represents a 4.38% annualized yield based on our most recent closing price of $22.84. We are grateful for the efforts of our colleagues which has positioned us to declare this 81st consecutive quarterly cash dividend.”

Malaga Bank, a subsidiary of Malaga Financial Corporation, is a full-service community bank headquartered on the Palos Verdes Peninsula with six offices located in the South Bay area of Los Angeles. For over fifteen years Malaga Bank has been consistently recommended by one of the nation’s leading independent bank rating and research firms, Bauer Financial Inc. Malaga Bank was awarded Bauer’s premier Top 5-Star rating for the 67th consecutive quarter as of June 2024. Since 1985, Malaga Bank 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.

Contact:Randy Bowers
Chairman, President, and Chief Executive Officer
Malaga Financial Corporation
(310) 375-9000
rbowers@malagabank.com



FAQ

What is the amount of Malaga Financial 's (MLGF) latest dividend?

Malaga Financial (MLGF) has declared a cash dividend of 25 cents per share.

When will Malaga Financial (MLGF) pay its latest dividend?

The dividend will be paid on or about October 2, 2024, to shareholders of record on September 20, 2024.

What is the annualized dividend yield for Malaga Financial (MLGF)?

The annualized dividend yield is 4.38%, based on the most recent closing price of $22.84.

How many consecutive quarterly dividends has Malaga Financial (MLGF) declared?

Malaga Financial (MLGF) has declared its 81st consecutive quarterly cash dividend.

MALAGA FINANCIAL CORP

OTC:MLGF

MLGF Rankings

MLGF Latest News

MLGF Stock Data

204.19M
8.55M
0.8%
Banks - Regional
Financial Services
Link
United States of America
Palos Verdes Estates