M&F Bancorp (OTCMKTS:MFBP) Shares Cross Above 50-Day Moving Average of $20.64

M&F Bancorp, Inc. (OTCMKTS:MFBPGet Rating)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $20.64 and traded as high as $25.50. M&F Bancorp shares last traded at $25.15, with a volume of 406 shares trading hands.

M&F Bancorp Stock Down 4.2 %

The stock has a fifty day moving average price of $20.64 and a 200-day moving average price of $17.06.

M&F Bancorp Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, December 14th. Stockholders of record on Thursday, November 24th were issued a $0.03 dividend. This represents a dividend yield of 0.61%. The ex-dividend date of this dividend was Wednesday, November 23rd.

About M&F Bancorp

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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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