Pacific Financial (OTCMKTS:PFLC) Announces Quarterly Earnings Results

Pacific Financial (OTCMKTS:PFLC) issued its earnings results on Friday. The company reported $0.21 earnings per share for the quarter, Zacks reports.

Pacific Financial Stock Down 0.5 %

Shares of OTCMKTS:PFLC opened at $12.19 on Friday. The firm’s 50-day simple moving average is $12.44 and its 200-day simple moving average is $11.71. Pacific Financial has a fifty-two week low of $9.20 and a fifty-two week high of $13.00.

Pacific Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 4.59%. The ex-dividend date of this dividend is Friday, February 14th. Pacific Financial’s payout ratio is 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.