Malaga Financial Corporation

OTCPK:MLGF Stock Report

Market Cap: US$203.3m

Malaga Financial Dividends and Buybacks

Dividend criteria checks 4/6

Malaga Financial is a dividend paying company with a current yield of 4.39% that is well covered by earnings. Next payment date is on 2nd January, 2025 with an ex-dividend date of 20th December, 2024.

Key information

4.4%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth0.6%
Next dividend pay date02 Jan 25
Ex dividend date20 Dec 24
Dividend per shareUS$1.000
Payout ratio37%

Recent dividend and buyback updates

Recent updates

Upcoming Dividend Payment

TodayNov 23 2024Ex Dividend DateDec 20 2024Dividend Pay DateJan 02 202513 days from Ex DividendBuy in the next 26 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MLGF's dividend payments have been volatile in the past 10 years.

Growing Dividend: MLGF's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Malaga Financial Dividend Yield vs Market
How does MLGF dividend yield compare to the market?
SegmentDividend Yield
Company (MLGF)4.4%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Banks)2.5%
Analyst forecast (MLGF) (up to 3 years)n/a

Notable Dividend: MLGF's dividend (4.39%) is higher than the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: MLGF's dividend (4.39%) is in the top 25% of dividend payers in the US market (4.26%)


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (37.2%), MLGF's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


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