Medallion Financial's most recent quarterly dividend payment of $0.1 per share was made to shareholders on record before May 14, 2024. The payout stands at $0.38 per share annually, which works out to a dividend yield of 4.7%.
Medallion Financial's dividend yield of 4.7% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.85%, Medallion Financial's dividend yield is 65% higher.
Medallion Financial has a dividend history dating as far as 1996, but lately the company has been paying dividends for the last two consecutive years. According to our data MFIN has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 19% for the last year. And since the stock price has gone down by 8% from a year ago, the dividend yield has increased by 29%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 14, 2024 | May 31, 2024 | Apr 30, 2024 | $0.1 | normal |
| Mar 14, 2024 | Mar 28, 2024 | Feb 16, 2024 | $0.1 | normal |
| Nov 14, 2023 | Nov 30, 2023 | Oct 30, 2023 | $0.1 | normal |
| Aug 14, 2023 | Aug 31, 2023 | Jul 24, 2023 | $0.08 | normal |
| May 12, 2023 | May 31, 2023 | May 1, 2023 | $0.08 | normal |
| Mar 14, 2023 | Mar 31, 2023 | Feb 22, 2023 | $0.08 | normal |
| Nov 14, 2022 | Nov 30, 2022 | Oct 27, 2022 | $0.08 | normal |
| Aug 12, 2022 | Aug 31, 2022 | Jul 27, 2022 | $0.08 | normal |
| May 13, 2022 | May 31, 2022 | May 2, 2022 | $0.08 | normal |
| Mar 11, 2022 | Mar 31, 2022 | Feb 23, 2022 | $0.08 | normal |
| Nov 28, 2016 | Dec 7, 2016 | Nov 7, 2016 | $0.05 | normal |
| Aug 22, 2016 | Aug 31, 2016 | Aug 2, 2016 | $0.05 | normal |
Medallion Financial's payout ratio of 17.2% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 41.2%, Medallion Financial's payout ratio is 58% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 4.78% | $1.51 | 66.8% |
| MFIN Medallion Financial Corp | 4.56% | $0.38 | 17.2% |
| NRIM Northrim Bancorp Inc | 3.41% | $2.42 | 46.8% |
| NIC Nicolet Bankshares Inc. | 0.99% | $1.03 | 15.5% |
Yes, Medallion Financial has paid four dividends in the last 12 months. MFIN has been paying dividends since 2022.
Currently MFIN's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in August 2024.
Medallion Financial's last dividend ex-date was on May 14, 2024. The dividend amount was $0.1 per share.
MFIN has paid dividend of $0.38 per share in the last year.
Medallion Financial's current dividend yield is 4.7%.
Medallion Financial pays four dividends per year.
The dividend payout ratio of Medallion Financial is 17.2%.
Medallion Financial's dividend yield is above the Financial Services sector average.