Malaga Financial Corporation Announces 87th Consecutive Quarterly Cash Dividend
Rhea-AI Summary
Malaga Financial Corporation (OTCPink: MLGF) declared a $0.25 per share cash dividend to shareholders of record on March 25, 2026, payable on or about April 1, 2026. The company quoted a 4.59% annualized yield based on a recent close of $21.80 and noted this is its 87th consecutive quarterly cash dividend.
Malaga Bank, the banking subsidiary, holds Bauer Financial’s Top 5-Star rating for the 73rd consecutive quarter as of December 2025. Contact: Randy Bowers, Chairman, President and CEO.
Positive
- Quarterly dividend of $0.25 per share declared
- Annualized yield of 4.59% based on $21.80 closing price
- 87th consecutive quarterly cash dividend
- Bauer Top 5-Star rating for 73 consecutive quarters
Negative
- None.
PALOS VERDES ESTATES, Calif., March 12, 2026 (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 March 25, 2026. The dividend will be paid out on or about April 1, 2026. 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 73rd consecutive quarter as of December 2025. 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 dividend did Malaga Financial Corporation (MLGF) declare on March 13, 2026?
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Does Malaga Bank have any recent independent ratings noted in the March 2026 announcement?
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