Dividend Growth of Medallion Financial Corp.(MFIN)

Medallion Financial Corp.(MFIN) is having a Dividend Yield of 9.35% with the Annual cash Dividend per share of $0.6. The last quarter cash dividend per share pay out was $0.05. Medallion Financial Corp. has a 5 year average dividend yield of 8.53% and the stock has a Indicated annual dividend of $0.2. Medallion Financial Corp.(MFIN) formally announced its most recent dividend on December 20, 2016 with a Dividend per share of $0.05. The new indicated annual dividend based on announced dividend per share is $0.2. The dividend yield based on the forward looking indicated annual dividend is 9.35%. Medallion Financial Corp.(MFIN) has the most recent dividend payout ratio of 0.8 with a 5-year average payout ratio of 1.57. The 5 year historical dividend growth of Medallion Financial Corp.(MFIN) is at the rate of -11.88% while the R-Squared dividend growth is 0.15. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Medallion Financial Corp. (NASDAQ:MFIN) rose 5.14% or 0.11 points on Thursday and made its way into the gainers of the day. After trading began at $2.12 the stock was seen hitting $2.45 as a peak level and $2.12 as the lowest level. The stock ended up at $2.25. The daily volume was measured at 583,347 shares. The 52-week high of the share price is $10 and the 52-week low is $1.5972. The company has a market cap of $54 million.

Currently the company Insiders own 15.13% of Medallion Financial Corp. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -23.8% . Institutional Investors own 19.57% of Medallion Financial Corp. shares. During last six month period, the net percent change held by insiders has seen a change of -23.8%.

Medallion Financial Corp. is a specialty finance company that originates and services loans that finance taxicab medallions and various types of commercial loans.

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