Medallion Financial Corp
MFINMedallion Financial Corp (MFIN) is a specialty finance company that provides financing and leasing solutions, primarily targeting the taxicab, limousine, and commercial equipment markets. Founded in 1995, it focuses on delivering tailored financial products to small and medium-sized businesses, leveraging its expertise in niche lending to facilitate vehicle purchases and equipment acquisitions.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 24, 2025 | $0.12 | 2025-11-12 | 2025-11-12 |
| August 29, 2025 | $0.12 | 2025-08-15 | 2025-08-15 |
| May 30, 2025 | $0.12 | 2025-05-15 | 2025-05-15 |
| March 31, 2025 | $0.11 | 2025-03-17 | 2025-03-17 |
| November 27, 2024 | $0.11 | 2024-11-15 | 2024-11-15 |
Dividends Summary
- Consistent Payer: Medallion Financial Corp has rewarded shareholders with 69 dividend payments over the past 22 years.
- Total Returned Value: Investors who held MFIN shares during this period received a total of $10.92 per share in dividend income.
- Latest Payout: The most recent dividend of $0.12/share was paid 60 days ago, on November 24, 2025.
- Yield & Schedule: MFIN currently pays dividends quarterly with an annual yield of 4.67%.
- Dividend Growth: Since 2003, the dividend payout has grown by 140.0%, from $0.05 to $0.12.
- Dividend Reliability: MFIN has maintained or increased its dividend for 18 consecutive payments.
Company News
Medallion Bank, a subsidiary of Medallion Financial, has closed a public offering of $77.5 million in Series G Preferred Stock. The bank plans to use the proceeds for general corporate purposes, including increasing capital levels and potentially redeeming its outstanding Series F Preferred Stock.
Medallion Financial Corp. reported its Q3 2024 results, with net income of $8.6 million, or $0.37 per share. The company saw growth in net interest income and loan originations, but also an increase in the credit loss provision.
Medallion Financial Corp. (NASDAQ: MFIN) announced that it will report its Q3 2024 results on October 29, 2024, and host a conference call the next day. The company also plans to host individual meetings with investors after the earnings call.
Medallion Bank, an FDIC-insured bank, has announced a strategic partnership with Kashable, a fintech company providing socially responsible credit and financial wellness solutions. The collaboration aims to expand Medallion Bank's consumer finance reach and support Kashable's mission of improving the financial well-being of its customers.
ZimCal Asset Management, a major investor in Medallion Financial Corp. (MFIN), expresses concerns over the company's 2Q24 results, including declining core performance, worsening asset quality in recreation loans, and pressure on margins and returns. ZimCal urges MFIN's management to take decisive action to address these issues.
