Malaga Financial Corporation Announces Special Year-End 2024 Stock Dividend in Addition to First Quarter 2025 Cash Dividend
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Malaga Financial Corporation announced a special 5% stock dividend and a quarterly cash dividend of 25 cents per share. The stock dividend is payable on December 31, 2024, and the cash dividend on January 2, 2025. This marks the 13th consecutive year of special year-end dividends.
November 15, 2024 | 6:30 pm
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Malaga Financial Corporation declared a special 5% stock dividend and a quarterly cash dividend of 25 cents per share. This announcement may attract investors seeking dividend income, potentially boosting the stock price in the short term.
The announcement of a special stock dividend and a consistent cash dividend is likely to attract dividend-seeking investors, which could lead to a short-term increase in stock price. The company's history of consistent dividends adds to investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100