Medallion Bank (NASDAQ:MBNKP – Get Free Report) was up 0.3% during mid-day trading on Thursday . The company traded as high as $25.54 and last traded at $25.47. Approximately 5,188 shares were traded during trading, an increase of 151% from the average daily volume of 2,065 shares. The stock had previously closed at $25.40.
Medallion Bank Trading Down 0.2 %
The business’s 50-day moving average is $25.53 and its 200-day moving average is $25.17.
Medallion Bank Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 16th were paid a $0.50 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.89%.
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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