Pacific Financial (OTCMKTS:PFLC) Trading 1.1% Higher – What’s Next?

Pacific Financial Co. (OTCMKTS:PFLC) traded up 1.1% on Friday . The stock traded as high as $12.28 and last traded at $12.28. 17,300 shares were traded during mid-day trading, an increase of 105% from the average session volume of 8,444 shares. The stock had previously closed at $12.15.

Pacific Financial Price Performance

The firm has a 50-day moving average price of $12.44 and a two-hundred day moving average price of $11.53.

Pacific Financial (OTCMKTS:PFLC) last released its earnings results on Friday, October 25th. The company reported $0.25 earnings per share for the quarter. The firm had revenue of $12.89 million during the quarter.

Pacific Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were issued a $0.14 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.56 annualized dividend and a dividend yield of 4.56%. Pacific Financial’s dividend payout ratio is presently 125.40%.

Pacific Financial Company Profile

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.