Pacific Financial (OTCMKTS:PFLC) Trading 1.1% Higher – Here’s What Happened

Pacific Financial Co. (OTCMKTS:PFLC)’s stock price shot up 1.1% during trading on Friday . The stock traded as high as $12.28 and last traded at $12.28. 17,300 shares were traded 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 Price Performance

The firm has a fifty day moving average of $12.44 and a 200 day moving average of $11.53.

Pacific Financial (OTCMKTS:PFLC) last posted its earnings results 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 announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were paid a dividend of $0.14 per share. The ex-dividend date was Friday, November 8th. This represents a $0.56 annualized dividend and a yield of 4.56%. Pacific Financial’s dividend payout ratio (DPR) is 125.40%.

Pacific Financial Company Profile

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.