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Malaga Financial Corporation Announces 88th Consecutive Quarterly Cash Dividend

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Malaga Financial (OTCIQ:MLGF) declared a quarterly cash dividend of $0.25 per share to shareholders of record on June 22, 2026, payable on or about July 1, 2026. This dividend represents an estimated 4.61% annualized yield based on a recent $21.70 share price and marks the company’s 88th consecutive quarterly cash dividend.

Subsidiary Malaga Bank, the largest community bank in the South Bay area of Los Angeles, has received Bauer Financial’s Top 5-Star rating for 74 consecutive quarters as of March 2026 and has been recommended by Bauer for over eighteen years.

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Positive

  • $0.25 quarterly dividend declared, record date June 22, 2026
  • 4.61% annualized dividend yield based on $21.70 share price
  • 88th consecutive quarterly cash dividend, indicating a long dividend history
  • Subsidiary holds Bauer 5-Star rating for 74 consecutive quarters as of March 2026

Negative

  • None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PALOS VERDES ESTATES, Calif., May 29, 2026 (GLOBE NEWSWIRE) -- Malaga Financial Corporation (OTCIQ:MLGF) announced today the declaration of a cash dividend in the amount of 25 cents per share to shareholders of record on June 22, 2026. The dividend will be paid out on or about July 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 4.61% annualized yield based on our most recent closing price of $21.70. We are grateful for the efforts of our colleagues which has positioned us to declare this 88th 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 eighteen 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 74th consecutive quarter as of March 2026. 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
  

   


FAQ

What dividend did Malaga Financial (MLGF) declare on May 29, 2026?

Malaga Financial declared a quarterly cash dividend of $0.25 per share. According to Malaga Financial, shareholders of record on June 22, 2026 will receive the payment on or about July 1, 2026, providing ongoing income for investors.

What is the dividend yield for Malaga Financial (MLGF) after the May 2026 announcement?

The announced $0.25 quarterly dividend reflects an estimated 4.61% annualized yield. According to Malaga Financial, this yield is based on the most recent closing share price of $21.70, giving investors a reference point for the stock’s current income return.

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

Malaga Financial reported that this is its 88th consecutive quarterly cash dividend. According to Malaga Financial, the company credits its colleagues’ efforts for supporting this long-standing dividend record, which may interest income-focused and stability-oriented shareholders.

When is the record date and payment date for Malaga Financial’s July 2026 dividend?

Shareholders must be on record by June 22, 2026 to receive the dividend. According to Malaga Financial, the $0.25 per share cash dividend is scheduled to be paid on or about July 1, 2026, subject to standard settlement timelines.

How is Malaga Bank, the subsidiary of Malaga Financial (MLGF), rated by Bauer Financial?

Malaga Bank has earned Bauer Financial’s premier Top 5-Star rating for 74 consecutive quarters. According to Malaga Financial, the bank has also been consistently recommended by Bauer for over eighteen years, highlighting a long history of strong independent ratings.

Where does Malaga Bank, the banking arm of Malaga Financial (MLGF), operate?

Malaga Bank operates as a full-service community bank on the Palos Verdes Peninsula with six South Bay offices. According to Malaga Financial, it serves residents and businesses in the South Bay area of Los Angeles, offering real estate loan products and relationship-based banking services.