Malaga Financial Corporation Announces 68th Consecutive Quarterly Cash Dividend
PALOS VERDES ESTATES, Calif., May 28, 2021 (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 June 18, 2021.
- PALOS VERDES ESTATES, Calif., May 28, 2021 (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 June 18, 2021.
- Randy C. Bowers, Chairman, President and CEO, remarked, We are pleased to announce the 25 cent quarterly dividend which represents a 4.10% annualized yield based on our most recent closing price of $24.40.
- 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 ten years Malaga Bank has been consistently recommended by one of the nations leading independent bank rating and research firms, Bauer Financial Inc. Malaga Bank was awarded their premier Top 5-Star rating for the 54th consecutive quarter as of March 2021.