Core Viewpoint - Malaga Financial Corporation announced a cash dividend of 25 cents per share, reflecting a 4.84% annualized yield based on the recent closing price of $20.65, marking the 84th consecutive quarterly cash dividend [1] Company Overview - Malaga Financial Corporation operates Malaga Bank, a full-service community bank located in the South Bay area of Los Angeles, with six offices [1] - The bank has been consistently rated by Bauer Financial Inc., receiving a premier Top 5-Star rating for 70 consecutive quarters as of March 2025 [1] - Since its establishment in 1985, Malaga Bank has focused on providing competitive banking services, including tailored real estate loan products for consumers and investors [1] Dividend Details - The cash dividend will be paid to shareholders of record on June 23, 2025, with payment expected on or about July 1, 2025 [1] - The announcement reflects the company's commitment to rewarding loyal shareholders and highlights the efforts of its colleagues in achieving this milestone [1]
Malaga Financial Corporation Announces 84th Consecutive Quarterly Cash Dividend
GlobeNewswire· Globenewswire·2025-05-23 17:56