Malaga Financial Corporation Announces 85th Consecutive Quarterly Cash Dividend
Rhea-AI Summary
Malaga Financial Corporation (OTCPink:MLGF) has declared its 85th consecutive quarterly cash dividend of $0.25 per share. The dividend will be paid on October 1, 2025, to shareholders of record as of September 23, 2025.
The dividend represents a 4.89% annualized yield based on the recent closing price of $20.43. Malaga Bank, the company's subsidiary, maintains its strong performance with 71 consecutive quarters of Bauer Financial's Top 5-Star rating as of June 2025.
Positive
- Maintained 85 consecutive quarters of dividend payments, demonstrating consistent shareholder returns
- Strong 4.89% annualized dividend yield
- Achieved 71 consecutive quarters of Bauer Financial's premier Top 5-Star rating
Negative
- None.
News Market Reaction
On the day this news was published, MLGF gained 1.08%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
PALOS VERDES ESTATES, Calif., Sept. 12, 2025 (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 23, 2025. The dividend will be paid out on or about October 1, 2025. 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
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 71st consecutive quarter as of June 2025. Since 1985, Malaga Bank has been delivering competitive consecutive 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 |