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On 6/14/24, Medallion Financial Corp's 8.0% Fix/Float Non-Cumulative Perpetual Preferred Stock, Ser F (Symbol: 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. On an annualized basis, the current yield is approximately 7.94%, which compares to an average yield of 6.71% in the "Financial" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of MBNKP shares, versus MFIN:

Below is a dividend history chart for MBNKP, showing historical dividends prior to the most recent $0.50 on Medallion Financial Corp's 8.0% Fix/Float Non-Cumulative Perpetual Preferred Stock, Ser F:

In Wednesday trading, Medallion Financial Corp's 8.0% Fix/Float Non-Cumulative Perpetual Preferred Stock, Ser F (Symbol: MBNKP) is currently off about 0.2% on the day, while the common shares (Symbol: MFIN) are up about 0.5%.

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