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Malaga Financial declares special year end 2018 5% stock dividend and dividend of USD0.25 per share for fiscal Q1 2019

Nov 20, 2018 - Global Banking News

The board of directors of Malaga Financial Corporation (OTCPink:MLGF) approved a special 5% common stock dividend on the company's outstanding stock and a cash dividend of USD0.25 per share for the fiscal first quarter of 2019, it reported on Tuesday.

This stock dividend will be paid on or about 28 December 2018 to shareholders of record date at the close of business on 14 December 2018. Also, the company will issue cash in lieu of fractional shares.

Additionally, the cash dividend o...