M&F Bancorp (OTCMKTS:MFBP) Share Price Passes Below 200-Day Moving Average of $13.51

M&F Bancorp, Inc. (OTCMKTS:MFBPGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $13.51 and traded as low as $13.25. M&F Bancorp shares last traded at $13.25, with a volume of 1,968 shares trading hands.

M&F Bancorp Stock Up 0.8 %

The firm’s fifty day moving average price is $12.73 and its 200 day moving average price is $13.49.

M&F Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 12th. Shareholders of record on Thursday, May 23rd will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.50%. The ex-dividend date is Wednesday, May 22nd.

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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