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 |
|---|---|---|---|
| May 21, 2026 | $0.14 | 2026-05-11 | 2026-05-11 |
| March 31, 2026 | $0.12 | 2026-03-19 | 2026-03-19 |
| 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 |
Dividends Summary
- Consistent Payer: Medallion Financial Corp has rewarded shareholders with 71 dividend payments over the past 23 years.
- Total Returned Value: Investors who held MFIN shares during this period received a total of $11.18 per share in dividend income.
- Latest Payout: The most recent dividend of $0.14/share was paid 58 days ago, on May 21, 2026.
- Yield & Schedule: MFIN currently pays dividends quarterly with an annual yield of 5.03%.
- Dividend Growth: Since 2003, the dividend payout has grown by 180.0%, from $0.05 to $0.14.
- Dividend Reliability: MFIN has maintained or increased its dividend for 20 consecutive payments.
Company News
Medallion Financial Corp. announced it will report Q2 2026 results on July 29, 2026, followed by a conference call on July 30, 2026 at 9:00 a.m. ET. The specialty finance company originates and services consumer and commercial loans across recreation and home improvement industries through its subsidiary Medallion Bank.
Medallion Financial Corp. issued a response to ZimCal's third consecutive proxy contest, defending its board and financial performance. The company argues that Stephen Hodges, founder of ZimCal, is primarily a debt holder seeking a premium buyout of his distressed securities rather than a genuine equity investor. Medallion highlights strong finan...
Medallion Financial Corp. strongly disagrees with ISS and Glass Lewis recommendations supporting some ZimCal nominees in the company's third consecutive proxy contest. Despite acknowledging Medallion's record financial performance, business transformation success, and strong shareholder returns, the proxy advisors recommended against certain boar...
Medallion Bank reported Q1 2026 net income of $13.0 million, down from $15.6 million in the prior year quarter. The bank showed strong loan origination growth with recreation loans up 64% to $142.5 million and strategic partnership loans up 25% to $170.0 million. However, net income attributable to common shareholders declined to $10.7 million fr...
ZimCal Asset Management, a shareholder in Medallion Financial Corp (MFIN), publicly criticized the company's leadership for poor decision-making that forced it to deplete cash reserves to repay $31.25 million in maturing debt. The firm highlights ongoing issues including CEO Andrew Murstein's involvement in past securities fraud, excessive execut...
