Medallion Bank Board of Directors Declares Series F Preferred Stock Dividend
07 Février 2020 - 10:05PM
Business Wire
Medallion Bank (Nasdaq:MBNKP, “the Bank” or the “Company”), an
FDIC-insured bank specializing in recreation and home improvement
lending, announced today its Board of Directors declared a
quarterly cash dividend of $0.58 per share on the Bank’s
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock,
Series F, which trades on the Nasdaq Capital Market under the
ticker symbol “MBNKP.” The dividend is payable on April 1, 2020 to
holders of record at the close of business on March 16, 2020.
About Medallion Bank
Medallion Bank is a Utah-chartered, FDIC-insured industrial bank
headquartered in Salt Lake City, Utah. Medallion Bank specializes
in providing consumer loans for the purchase of recreational
vehicles, boats, and home improvements. Medallion Bank is a wholly
owned subsidiary of Medallion Financial Corp., a finance company
that originates and services loans in various industries.
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version on businesswire.com: https://www.businesswire.com/news/home/20200207005298/en/
Company: Alex E. Arzeno
Investor Relations 212-328-2168 InvestorRelations@medallion.com
Medallion Bank (NASDAQ:MBNKP)
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