Malaga Financial Corporation Announces Special Year End 2026 Stock Dividend in Addition to First Quarter 2027 Cash Dividend

PALOS VERDES ESTATES, Calif., Nov. 13, 2026 (GLOBE NEWSWIRE) -- Malaga Financial Corporation (OTCIQ:MLGF). Malaga Financial Corporation announced today that its Board of Directors had declared a special 5% stock dividend on the company’s common stock outstanding, payable on or about December 31, 2026, to shareholders of record at the close of business on December 18, 2026. The dividend will be issued in the form of additional shares of common stock. Cash will be issued in lieu of fractional shares. Additionally, a quarterly cash dividend of 25 cents was declared payable to shareholders of record at the close of business on December 18, 2026, to be paid on or about January 4, 2027. Randy C. Bowers, President and CEO, remarked, “We are pleased to declare a special year-end stock dividend in addition to our 90th consecutive quarterly dividend. This will result in total cash dividends paid in 2026 of $1.00 per share for a 4.37% annual yield based on a closing share price of $22.87 on November 12, 2026, in addition to the special stock dividend. This is the 15th consecutive year that we have declared a special year-end dividend along with the quarterly cash dividend.”