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Medallion Bank Board of Directors Declares Series F Preferred Stock Dividend
SALT LAKE CITY--(BUSINESS WIRE)-- Medallion Bank (Nasdaq:MBNKP, “the Bank” or the “Company”), an FDIC-insured bank specializing in recreation and home
About this update from Medallion Financial Corp.
[{"type":"text","content":" SALT LAKE CITY--(BUSINESS WIRE)--\nMedallion 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.\n\n\nAbout Medallion Bank\n\n\nMedallion 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.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20200207005298/en/\n\nCompany:\nAlex E. Arzeno\nInvestor Relations\n212-328-2168\[email protected]\n\nSource: Medallion Bank","length":2508,"tagName":"div"}]