Malaga Financial (OTC:MLGF) Stock, Quote.Headers.trade-ideas

Malaga Financial

MALAGA FINANCIAL CP

Malaga Financial Corp is a full-service community bank. It bank is a real estate lender concentrating on financing apartments, construction projects, and single-family residences. Its operations are related to traditional banking activities, including the acceptance of deposits and the lending and investing of money. Its customers consist of individuals and small-to-midsize businesses located in the Palos Verdes Peninsula and adjoining areas of Los Angeles and Orange Counties, California.

News

Markets

HCBK

MLGF

Value Plays Among the Thrift Stocks

MALAGA FINANCIAL CORP by Malaga Financial Corp.

Malaga Financial Corp

Wednesday marks the last chance for investors to receive the next dividend payout from Malaga Financial (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MLGF#OTC">MLGF</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a quarterly dividend of $0.25 per share. On Thursday, Malaga Financial will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.25 lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own MLGF as of the end of Wednesday's session are eligible to receive the $0.25 dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on April 01, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To read more news on Malaga Financial <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.

Dividends

Malaga Financial's Ex-Dividend Date Is Wednesday, Here's What You Need To Know

NEW YORK (TheStreet) -- An annual ranking of thrift holding companies features a number of thinly-traded names, but digging a bit further into the data reveals plenty of respectable value plays.
Malaga Financial (OTC: <a class="ticker" href="/stock/mlgf#OTC">MLGF</a>) of Palos Verdes Estates, Calif., came in as the top performer in SNL Financial's yearly evaluation, which uses weighted scores derived from the metrics in the chart below to compare the largest 100 publicly traded thrifts. SNL defines a thrift as a holding company whose main subsidiary is either a savings bank or savings and loan association, and inclusion on the list is based on total assets for the year ended March 31.
SNL Financial's Top 10 Thrift Holding Companies
TheStreet has recently covered several names among SNL's Top 10 thrift holding companies, including New York Community Bancorp (NYSE: <a class="ticker" href="/stock/nyb#NYSE">NYB</a>) as one of the Five Best Bank Stocks Since The Flash Crash and in the Best In Class series. New York Community is emerging from the credit crisis as a strong regional player, and even with shares up 14% through Monday's closing price of $16.08, the stock's dividend yield was 6.22%.
Also in the Top 10 is Hudson City Bancorp (Nasdaq: <a class="ticker" href="/stock/hcbk#Nasdaq">HCBK</a>), another of the better bank performers since the flash crash. Based on Monday's close at $13.24, the stock was down 1% year-to-date, but the dividend yield was 4.53% and the shares seem ridiculously under-valued at 1.2 times tangible book value.
Dime Community Bancshares (NYSE: <a class="ticker" href="/stock/dcm#NYSE">DCM</a>) was featured in TheStreet's Six Bank Stocks with Solid Dividends. The shares returned 8% year-to-date through Monday's close at $12.41, and the dividend yield was 4.51%.
To read the rest, head over to <a href="http://www.thestreet.com/story/10788868/1/value-plays-among-the-thrift-stocks.html?kval=dontmiss">TheStreet.com</a>

Press Releases

Malaga Financial Corporation Announces 79th Consecutive Quarterly Cash Dividend

Earnings

Malaga Financial Corporation Reports Strong First Quarter Earnings

Malaga Financial Corporation Announces 80th Consecutive Quarterly Cash Dividend

Malaga Financial Corporation Reports Increased Earnings for the First Six Months of 2024

Malaga Financial Corporation Announces 81st Consecutive Quarterly Cash Dividend

Malaga Financial Corporation Reports Record Earnings

Malaga Financial Corporation Announces Special Year-End 2024 Stock Dividend in Addition to First Quarter 2025 Cash Dividend

Malaga Financial Corporation Reports Annual Earnings for 2024

Comments

Malaga Financial

Malaga Financial (MLGF) Forecast

Malaga Financial (OTC:MLGF) Stock, Quote.Headers.trade-ideas

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga