Financial Stocks Mainly Lower in Early Trade

Financial shares were mainly lower in early trade on Friday. In financial stocks news, shares of Guaranty Federal Bancshares (GFED) were slightly higher Friday morning after the bank holding firm said it will distribute a quarterly dividend of $0.10 per share, up 25% or two cents from the prior quarterly distribution.

Shares in the company were 0.4% higher at $18.99 in early trade. The stock has traded between $14.80 and $20.46 over the past 52 weeks.

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