Pacific Financial (OTCMKTS:PFLC) Trading 1.1% Higher – What’s Next?

Pacific Financial Co. (OTCMKTS:PFLC)’s stock price traded up 1.1% during mid-day trading on Friday . The company traded as high as $12.28 and last traded at $12.28. 17,300 shares traded hands during mid-day trading, an increase of 105% from the average session volume of 8,444 shares. The stock had previously closed at $12.15.

Pacific Financial Stock Up 1.1 %

The stock has a 50 day simple moving average of $12.44 and a 200-day simple moving average of $11.53.

Pacific Financial (OTCMKTS:PFLC) last posted its quarterly earnings data on Friday, October 25th. The company reported $0.25 earnings per share (EPS) for the quarter. The business had revenue of $12.89 million for the quarter.

Pacific Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 4.56%. The ex-dividend date was Friday, November 8th. Pacific Financial’s payout ratio is currently 125.40%.

About Pacific Financial

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.