Pacific Financial (OTCMKTS:PFLC) Trading 0.7% Higher

Pacific Financial Co. (OTCMKTS:PFLC) shares traded up 0.7% on Thursday . The stock traded as high as $10.10 and last traded at $10.10. 1,123 shares traded hands during trading, a decline of 80% from the average session volume of 5,535 shares. The stock had previously closed at $10.03.

Pacific Financial Stock Performance

The firm’s 50 day moving average is $9.85 and its two-hundred day moving average is $10.13.

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

Pacific Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Friday, May 10th were issued a $0.14 dividend. The ex-dividend date of this dividend was Wednesday, May 8th. This is a boost from Pacific Financial’s previous quarterly dividend of $0.13. This represents a $0.56 annualized dividend and a dividend yield of 5.54%. Pacific Financial’s dividend payout ratio (DPR) is 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.