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| Cash Dividend On The Way From Medallion Financial (MFIN)By Dividend Channel Staff, Friday, November 10, 10:28 AM ET
On 11/14/23, Medallion Financial Corp (NASDAQ:MFIN) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 11/30/23. As a percentage of MFIN's recent stock price of $8.22, this dividend works out to approximately 1.22%, so look for shares of Medallion Financial Corp to trade 1.22% lower — all else being equal — when MFIN shares open for trading on 11/14/23. Below is a dividend history chart for MFIN, showing historical dividends prior to the most recent $0.10 declared by Medallion Financial Corp: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MFIN is likely to continue, and whether the current estimated yield of 4.87% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MFIN shares, versus its 200 day moving average:
Looking at the chart above, MFIN's low point in its 52 week range is $5.64 per share, with $10.49 as the 52 week high point — that compares with a last trade of $8.22. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Friday trading, Medallion Financial Corp shares are currently down about 0.6% on the day.
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