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Medallion Financial Corp. About To Put More Money In Your Pocket (TAXI)

By Dividend Channel Staff, Friday, August 10, 10:04 AM ET
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On 8/14/12, Medallion Financial Corp. (NASDAQ:TAXI) will trade ex-dividend, for its quarterly dividend of $0.21, payable on 8/24/12. As a percentage of TAXI's recent stock price of $11.50, this dividend works out to approximately 1.83%.

Below is a dividend history chart for TAXI, showing historical dividends prior to the most recent $0.21 declared by Medallion Financial Corp.:

TAXI Dividend History
Date Div*
05/11/12 0.210
03/21/12 0.200
11/14/11 0.190
08/17/11 0.180
05/18/11 0.170
03/14/11 0.160
11/12/10 0.150
08/18/10 0.150
05/19/10 0.150
03/11/10 0.150
11/18/09 0.190
08/26/09 0.190
05/20/09 0.190
03/13/09 0.190
11/19/08 0.190
08/13/08 0.190
05/14/08 0.190
03/12/08 0.190
11/20/07 0.190
08/15/07 0.190
05/16/07 0.190
03/28/07 0.190
11/21/06 0.180
08/16/06 0.170
05/11/06 0.160
03/08/06 0.150
11/23/05 0.140
08/17/05 0.130
05/18/05 0.120
03/09/05 0.110
11/09/04 0.100
08/10/04 0.080
05/12/04 0.080
03/10/04 0.070
11/12/03 0.050
08/06/03 0.030
05/14/03 0.010
08/29/02 0.030
12/27/01 0.090
08/29/01 0.150
05/22/01 0.140
12/06/00 0.360
10/11/00 0.150
08/23/00 0.360
05/18/00 0.350
12/29/99 0.400
11/17/99 0.320
08/19/99 0.290
05/13/99 0.288
12/29/98 0.340
11/12/98 0.300
08/13/98 0.300
05/14/98 0.280
12/29/97 0.270
11/13/97 0.240
08/14/97 0.220
05/06/97 0.220
* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TAXI is likely to continue, and whether the current estimated yield of 7.30% on annualized basis is a reasonable expectation of annual yield going forward.


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In Friday trading, Medallion Financial Corp. shares are currently up about 0.1% on the day.

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