{"url":"https://newsforagent.com/news/2026-11-13/malaga-financial-special-stock-dividend","markdown_url":"https://newsforagent.com/news/2026-11-13/malaga-financial-special-stock-dividend.md","title":"Malaga Financial Declares 5% Stock Dividend and 25-Cent Cash Payout","headline":"Malaga Financial Adds 5% Special Stock Dividend to 25-Cent Quarterly Cash Payout","description":"Malaga Financial declared a special 5% stock dividend and a 25-cent quarterly cash dividend, bringing 2026 cash dividends to $1.00 per share for a 4.37% yield.","section":"Dividends & Buybacks","published_at":"2026-11-13T21:51:28+00:00","modified_at":"2026-11-13T21:51:28+00:00","author":"News Desk","key_takeaways":["Malaga Financial declared a special 5% stock dividend payable on or about December 31, 2026, to shareholders of record on December 18, 2026.","A quarterly cash dividend of 25 cents per share is payable on or about January 4, 2027, to shareholders of record on December 18, 2026.","Randy C. Bowers said total cash dividends paid in 2026 will be $1.00 per share, a 4.37% annual yield based on the $22.87 closing price on November 12, 2026."],"companies":[{"name":"Malaga Bank","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0006v1t/malaga-bank","website":"http://malagabank.com"}],"source":{"publisher":"GlobeNewswire","title":"Malaga Financial Corporation Announces Special Year End 2026 Stock Dividend in Addition to First Quarter 2027 Cash Dividend","url":"https://www.globenewswire.com/news-release/2026/11/13/3402971/0/en/malaga-financial-corporation-announces-special-year-end-2026-stock-dividend-in-addition-to-first-quarter-2027-cash-dividend.html"},"other_sources":[],"tags":["Dividends & Buybacks","Malaga Bank"],"body_markdown":"Malaga Financial Corporation declared a special 5% stock dividend and a quarterly cash dividend of 25 cents per share, with the stock dividend payable on or about December 31, 2026, and the cash dividend payable on or about January 4, 2027. [GlobeNewswire](https://www.globenewswire.com/news-release/2026/11/13/3402971/0/en/malaga-financial-corporation-announces-special-year-end-2026-stock-dividend-in-addition-to-first-quarter-2027-cash-dividend.html) published the declaration on November 13, 2026.\n\n## Malaga Bank's Special Stock Dividend Terms\n\nBoth dividends go to shareholders of record at the close of business on December 18, 2026. The stock dividend will be issued as additional shares of common stock, with cash paid in lieu of fractional shares.\n\nRandy C. Bowers, President and CEO, said, \"We are pleased to declare a special year-end stock dividend in addition to our 90th consecutive quarterly dividend.\" Bowers said the declaration brings total cash dividends paid in 2026 to $1.00 per share, a 4.37% annual yield based on a closing share price of $22.87 on November 12, 2026.\n\nBowers said the company has now declared a special year-end dividend alongside its quarterly cash dividend for 15 consecutive years. [Malaga Bank](https://akta.pro/company-profiles/0006v1t/malaga-bank) is a full-service community bank headquartered on the Palos Verdes Peninsula with six offices in the South Bay area of Los Angeles, according to [its website](http://malagabank.com).\n\n## Malaga Bank's Dividend Record\n\nMalaga Bank declared its 88th consecutive quarterly cash dividend of $0.25 per share in May 2026, according to akta.pro [company records](https://akta.pro/company-data). The same records show the bank earned Bauer Financial's top 5-star Superior rating for the 74th consecutive quarter in March 2026.\n\nMalaga Bank reported record first-quarter 2026 net income of $6.063 million, a 12% year-over-year increase, with $1.443 billion in total assets, according to the same records. Net income for full year 2025 was $21.554 million.\n\n## Malaga Financial's 2026 Earnings Run\n\nMalaga Financial reported third-quarter 2026 net income of $6.27 million, up 14% year-over-year, and nine-month net income of $18.03 million, up 10%, TradingView reported. Net interest income rose 13% on a spread increase to 3.15%, with a return on average equity of 10.52% and no delinquent loans.\n\nFor the first six months of 2026, Malaga Financial reported net income of $11.758 million, up 7.4% from $10.950 million in the same period of 2025, Stock Titan reported. The increase was driven primarily by a $1.205 million rise in net interest income after provision for loan losses and a $307,000 identity fraud recovery.\n\n## Malaga Financial's December Record Date\n\nShareholders of record at the close of business on December 18, 2026, will receive both the special stock dividend and the quarterly cash dividend, with payment on or about December 31, 2026, and January 4, 2027, respectively.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}