Medallion Bank Series G Preferred Stock Declares Quarterly Dividend
Medallion Bank (MBNKO) has announced a quarterly dividend of $0.5625 per share for its Series G preferred stock. The distribution carries a forward yield of approximately 9.92%. The dividend is scheduled to be paid on January 4, with the ex-dividend date and the record date both set for December 15. This announcement follows recent capital activities involving the bank's preferred stock offerings.
Topics: dividend declaration preferred stock yield