M&F Bancorp (OTCMKTS:MFBP) Share Price Crosses Above 50 Day Moving Average of $20.64

M&F Bancorp, Inc. (OTCMKTS:MFBPGet Rating)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $20.64 and traded as high as $25.50. M&F Bancorp shares last traded at $25.15, with a volume of 406 shares trading hands.

M&F Bancorp Stock Down 2.5 %

The business’s fifty day moving average price is $20.74 and its 200 day moving average price is $17.16.

M&F Bancorp Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, December 14th. Stockholders of record on Thursday, November 24th were issued a $0.03 dividend. The ex-dividend date was Wednesday, November 23rd. This represents a dividend yield of 0.61%.

M&F Bancorp Company Profile

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M&F Bancorp, Inc operates as a bank holding company for the Mechanics and Farmers Bank that provides consumer and commercial banking products and services in North Carolina. It offers deposit products, including demand deposits; checking, savings, and money market accounts, as well as certificates of deposit.

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