Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers. It offers checking, savings, NOW, and money market accounts, certificates of deposits, and demand deposits. The company also provides commercial real estate, land, business banking, consumer, and personal loans, as well as single and multi-family residential mortgage loans. In addition, it offers coupon redemption, direct deposit, overdraft lines of credit, telephone transfers, U.S. savings bond redemption, and wire transfer services; and ATM and VISA debit cards, bank by mail, medallion signature guarantee, night depository, notary, safe deposit boxes, and trust deed note collection services. Further, the company provides online banking services, including bill payer, e-statements, and mobile banking services. As of December 31, 2021, it operated five branch offices in Palos Verdes Estates, Rolling Hills Estates, Torrance, and San Pedro, California. The company was founded in 2002 and is headquartered in Palos Verdes Estates, California.
Malaga Financial Dividend Announcement
• Malaga Financial announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-12-20
• Malaga Financial annual dividend for 2024 was $1.00
• Malaga Financial annual dividend for 2023 was $1.00
• Malaga Financial's trailing twelve-month (TTM) dividend yield is 4.34%
• Malaga Financial's dividend growth over the last five years (2018-2023) was -4.54% year
• Malaga Financial's dividend growth over the last ten years (2013-2023) was 0.29% year
Malaga Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-20 | $0.25 | quarterly | 2025-01-02 |
2024-09-20 | $0.25 | quarterly | 2024-10-02 |
2024-06-21 | $0.25 | quarterly | 2024-07-02 |
2024-03-25 | $0.25 | quarterly | 2024-04-02 |
2023-12-14 | $0.25 | quarterly | 2024-01-03 |
2023-09-21 | $0.25 | quarterly | 2023-10-02 |
2023-06-22 | $0.25 | quarterly | 2023-07-03 |
2023-03-23 | $0.25 | quarterly | 2023-04-03 |
2022-12-15 | $0.25 | quarterly | 2023-01-04 |
2022-09-22 | $0.25 | quarterly | 2022-10-03 |
2022-06-16 | $0.25 | quarterly | 2022-07-01 |
2022-03-24 | $0.25 | quarterly | 2022-04-01 |
2021-12-16 | $0.28 | quarterly | 2022-01-04 |
2021-09-23 | $0.28 | quarterly | 2021-10-01 |
2021-06-17 | $0.28 | quarterly | 2021-07-01 |
2021-03-24 | $0.28 | quarterly | 2021-04-01 |
2020-12-11 | $0.28 | quarterly | 2021-01-04 |
2020-09-23 | $0.29 | quarterly | 2020-10-01 |
2020-06-18 | $0.29 | quarterly | 2020-07-01 |
2020-03-23 | $0.29 | quarterly | 2020-04-01 |
2019-12-12 | $0.29 | quarterly | 2020-01-03 |
2019-09-20 | $0.30 | quarterly | 2019-10-01 |
2019-06-21 | $0.30 | quarterly | 2019-07-01 |
2019-03-22 | $0.30 | quarterly | 2019-04-01 |
2018-12-13 | $0.30 | quarterly | 2019-01-02 |
2018-09-21 | $0.32 | quarterly | 2018-10-01 |
2018-06-14 | $0.32 | quarterly | 2018-07-02 |
2018-03-20 | $0.32 | quarterly | 2018-04-02 |
2017-12-14 | $0.32 | quarterly | 2018-01-03 |
2017-09-22 | $0.34 | quarterly | 2017-10-02 |
2017-06-20 | $0.34 | quarterly | 2017-07-02 |
2017-03-22 | $0.34 | quarterly | 2017-04-03 |
2016-12-30 | $0.34 | quarterly | 2017-01-11 |
2016-12-15 | $0.13 | quarterly | 2016-12-27 |
2016-09-21 | $0.30 | quarterly | 2016-10-03 |
2016-06-22 | $0.30 | quarterly | 2016-07-01 |
2016-03-22 | $0.30 | quarterly | 2016-04-01 |
2015-12-23 | $0.30 | quarterly | 2016-01-04 |
2015-12-16 | $0.13 | quarterly | 2015-12-28 |
2015-09-23 | $0.27 | quarterly | 2015-10-02 |
2015-06-24 | $0.27 | quarterly | 2015-07-03 |
2015-03-25 | $0.27 | quarterly | 2015-04-03 |
2014-12-24 | $0.27 | quarterly | 2015-01-06 |
2014-12-18 | $0.13 | quarterly | 2014-12-29 |
2014-09-24 | $0.23 | quarterly | 2014-10-06 |
2014-06-25 | $0.23 | quarterly | 2014-07-07 |
2014-03-26 | $0.23 | quarterly | 2014-04-04 |
2013-12-18 | $0.23 | quarterly | 2013-12-26 |
2013-12-16 | $0.13 | quarterly | |
2013-09-25 | $0.20 | quarterly | 2013-10-07 |
2013-06-26 | $0.20 | quarterly | 2013-07-08 |
2013-03-26 | $0.20 | quarterly | 2013-04-05 |
Malaga Financial Dividend per year
Malaga Financial Dividend growth
Malaga Financial Dividend Yield
Malaga Financial current trailing twelve-month (TTM) dividend yield is 4.34%. Interested in purchasing Malaga Financial stock? Use our calculator to estimate your expected dividend yield:
Malaga Financial Financial Ratios
Malaga Financial Dividend FAQ
Other factors to consider when evaluating Malaga Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Malaga Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Malaga Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Malaga Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Malaga Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Malaga Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Malaga Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Malaga Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Malaga Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Malaga Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.