M&F Bancorp, Inc. (OTCMKTS:MFBP – Get Free Report)’s stock price dropped 0.9% during mid-day trading on Tuesday . The stock traded as low as $18.83 and last traded at $18.83. Approximately 140 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 3,128 shares. The stock had previously closed at $19.00.
M&F Bancorp Price Performance
The business has a 50 day moving average price of $18.60 and a 200 day moving average price of $17.77.
M&F Bancorp Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, November 21st were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.06%. The ex-dividend date was Thursday, November 21st.
About M&F Bancorp
M&F Bancorp, Inc operates as a bank holding company for the Mechanics and Farmers Bank that provides consumer and commercial banking products and services in North Carolina. It offers deposit products, including demand deposits; checking, savings, and money market accounts, as well as certificates of deposit.
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