Medallion Bank Pref Series G Announces $0.5625 Quarterly Dividend
Medallion Bank Preferred Series G (NASDAQ: MBNKO) has declared a quarterly dividend of $0.5625 per share, consistent with its previous payout. The forward yield is currently 8.84%. Shareholders will receive the payment on October 1 for those registered as of September 15; shares trade ex-dividend starting that same date. The announcement aligns with expectations and reflects a stable dividend policy from Medallion Bank Pref Series G, which continues to offer an attractive yield in today's market. The consistent payout may support investor confidence among income-focused investors.
Topics: dividend Medallion Bank