Pacific Financial Co. (OTCMKTS:PFLC) Increases Dividend to $0.14 Per Share

Pacific Financial Co. (OTCMKTS:PFLC) announced a quarterly dividend on Wednesday, April 24th, investing.com reports. Stockholders of record on Friday, May 10th will be given a dividend of 0.14 per share on Friday, May 24th. This represents a $0.56 annualized dividend and a dividend yield of 5.85%. The ex-dividend date is Wednesday, May 8th. This is a positive change from Pacific Financial’s previous quarterly dividend of $0.13.

Pacific Financial Price Performance

PFLC stock opened at $9.58 on Monday. The firm has a 50-day simple moving average of $9.94 and a 200-day simple moving average of $10.37. Pacific Financial has a 52 week low of $8.75 and a 52 week high of $11.40.

Pacific Financial (OTCMKTS:PFLC) last posted its quarterly earnings results on Friday, April 26th. The company reported $0.26 earnings per share for the quarter. The firm had revenue of $12.85 million during the quarter.

About Pacific Financial

Pacific Financial Corporation operates as the bank holding company for Bank of the Pacific that provides various banking products and services in Washington and Oregon. The company offers personal and business checking, and savings accounts; certificates of deposit, individual retirement accounts, and other investment options; home loans; and auto and recreation loans, credit cards, and home equity line of credit.