Pacific Financial (OTCMKTS:PFLC) Trading Down 0.7% – Here’s What Happened

Pacific Financial Co. (OTCMKTS:PFLC) shares were down 0.7% during mid-day trading on Wednesday . The company traded as low as $10.90 and last traded at $10.90. Approximately 2,100 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 5,555 shares. The stock had previously closed at $10.98.

Pacific Financial Stock Down 0.7 %

The stock’s fifty day moving average price is $11.76 and its 200-day moving average price is $11.98.

Pacific Financial (OTCMKTS:PFLC) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.21 earnings per share (EPS) for the quarter.

Pacific Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.56 dividend on an annualized basis and a yield of 5.14%. Pacific Financial’s payout ratio 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.