M&F Bancorp (OTCMKTS:MFBP) Shares Pass Below Two Hundred Day Moving Average of $22.12

Shares of M&F Bancorp, Inc. (OTCMKTS:MFBPGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $22.12 and traded as low as $16.76. M&F Bancorp shares last traded at $16.76, with a volume of 1,365 shares traded.

M&F Bancorp Price Performance

The business has a fifty day moving average of $18.53 and a 200-day moving average of $22.12.

M&F Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 13th. Shareholders of record on Friday, August 25th will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Thursday, August 24th.

M&F Bancorp Company Profile

(Get Free Report)

M&F Bancorp, Inc operates as a bank holding company for the Mechanics and Farmers Bank that provides consumer and commercial banking products and services in North Carolina. It offers deposit products, including demand deposits; checking, savings, and money market accounts, as well as certificates of deposit.

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