Cash Dividend On The Way From Medallion Financial Corp's 8.0% Fix/Float Non-Cumulative Perpetual Preferred Stock
June 12, 2024 at 13:33 PM EDT
On 6/14/24, Medallion Financial Corp's 8.0% Fix/Float Non-Cumulative Perpetual Preferred Stock, Ser F (MBNKP) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 7/1/24. As a percentage of MBNKP's recent share price of $25.18, this dividend works out to approximately 1.99%, so look for shares of MBNKP to trade 1.99% lower — all else being equal — when MBNKP shares open for trading on 6/14/24..
