M&F Bancorp (OTCMKTS:MFBP) Stock Price Crosses Above 50 Day Moving Average of $13.53

M&F Bancorp, Inc. (OTCMKTS:MFBPGet Free Report)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $13.53 and traded as high as $15.00. M&F Bancorp shares last traded at $14.50, with a volume of 7,780 shares.

M&F Bancorp Trading Down 1.8 %

The stock’s fifty day moving average is $13.53 and its two-hundred day moving average is $13.36.

M&F Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 12th. Stockholders of record on Thursday, May 23rd were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $0.20 annualized dividend and a dividend yield of 1.38%.

About M&F Bancorp

(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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