Medallion Bank (NASDAQ:MBNKP – Get Free Report) traded down 0.9% during trading on Thursday . The company traded as low as $25.25 and last traded at $25.27. 1,028 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 2,112 shares. The stock had previously closed at $25.50.
Medallion Bank Price Performance
The stock’s 50-day moving average is $24.93 and its 200 day moving average is $24.91.
Medallion Bank Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Monday, September 16th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 7.87%. The ex-dividend date of this dividend was Monday, September 16th.
Medallion Bank Company Profile
Medallion Bank, an industrial bank, originates consumer loans, raises deposits, and conducts other banking activities in the United States. It provides consumer loans to purchase recreational vehicles, boats, and trailers. The company also offers financing for windows, siding, and roof replacement; and swimming pool and other home improvement projects, as well as provides loan origination services.
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