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Medallion Bank operates as an industrial bank in the United States. The company operates through three segments: Recreation Lending, Home Improvement Lending, and Other. 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. It offers its products through the network of dealers, contractors, and financial service providers. The company was founded in 2002 and is headquartered in Salt Lake City, Utah. Medallion Bank operates as a subsidiary of Medallion Financial Corp.

Medallion Bank Dividend Announcement

Medallion Bank announced a quarterly dividend of $0.50 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-12-16
Medallion Bank annual dividend for 2024 was $2.00
Medallion Bank annual dividend for 2023 was $2.00
Medallion Bank's trailing twelve-month (TTM) dividend yield is 9.85%
Medallion Bank's payout ratio for the trailing twelve months (TTM) is 42.96%

Medallion Bank Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-16$0.50quarterly2025-01-02
2024-09-16$0.50quarterly2024-10-01
2024-06-14$0.50quarterly2024-07-01
2024-03-14$0.50quarterly2024-04-01
2023-12-14$0.50quarterly2024-01-02
2023-09-14$0.50quarterly2023-10-02
2023-06-14$0.50quarterly2023-07-03
2023-03-14$0.50quarterly2023-04-03
2022-12-14$0.50quarterly2023-01-03
2022-09-14$0.50quarterly2022-10-03
2022-06-14$0.50quarterly2022-07-01
2022-03-14$0.50quarterly2022-04-01
2021-12-14$0.50quarterly2022-01-03
2021-09-14$0.50quarterly2021-10-01
2021-06-14$0.50quarterly2021-07-01
2021-03-12$0.50quarterly2021-04-01
2020-12-14$0.50quarterly2021-01-04
2020-09-14$0.50quarterly2020-10-01
2020-06-12$0.50quarterly2020-07-01
2020-03-13$0.58quarterly2020-04-01

Medallion Bank Dividend per year

Medallion Bank Dividend growth

Medallion Bank Dividend Yield

Medallion Bank current trailing twelve-month (TTM) dividend yield is 9.85%. Interested in purchasing Medallion Bank stock? Use our calculator to estimate your expected dividend yield:

Medallion Bank Financial Ratios

P/E ratio1.19
PEG ratio0.01
P/B ratio0.21
ROE18.44%
Payout ratio42.96%
Current ratio5.27
Quick ratio87.24
Cash Ratio3.83

Medallion Bank Dividend FAQ

How much is the next Medallion Bank dividend?
Medallion Bank's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Medallion Bank dividend. The next Medallion Bank dividend will be released in March, June, September, or December.
When is Medallion Bank dividend paid?
Medallion Bank pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Medallion Bank pay?
The specific amount of Medallion Bank dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Medallion Bank's dividend history.
Does Medallion Bank stock pay dividends?
Yes, Medallion Bank does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Medallion Bank's dividend history.
How much dividend does Medallion Bank pay?
Medallion Bank paid $2.0 in 2024, $2.0 in 2023, $2.0 in 2022, $2.0 in 2021, and $2.08 in 2020.
How often does Medallion Bank pay dividends?
Medallion Bank typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Medallion Bank's dividend yield?
The current dividend yield for Medallion Bank is 9.85%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Medallion Bank's exact dividend yield.
When does Medallion Bank go ex dividend?
Medallion Bank's ex-dividend date for the latest dividend was on 2024-12-16. Medallion Bank typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Medallion Bank dividend paid?
Medallion Bank pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Medallion Bank increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Medallion Bank will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Medallion Bank dividend per share?
Medallion Bank paid $2.0 per share in 2024 and $2.0 per share in 2023. The amount of dividend per share that Medallion Bank pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Medallion Bank a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Medallion Bank a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Medallion Bank a dividend stock?
Yes, Medallion Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Medallion Bank a good dividend stock?
Whether Medallion Bank is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Medallion Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Medallion Bank as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Medallion Bank pay dividends monthly?
Medallion Bank typically pays dividends on a quarterly basis.
Does Medallion Bank pay dividends quarterly?
Medallion Bank currently pays dividends on a quarterly basis.
Has Medallion Bank ever paid a dividend?
Yes, Medallion Bank has a history of paying dividends to its shareholders. Medallion Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Medallion Bank dividend stocks?
To buy Medallion Bank you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Medallion Bank stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Medallion Bank pay dividends 2024?
Medallion Bank pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Medallion Bank increase its dividend in 2024?
Decisions regarding Medallion Bank dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Medallion Bank dividend overview you can look into the above table of dividend history.
How Medallion Bank dividend works?
The Medallion Bank dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Medallion Bank's dividend process works:

1. Determination of Dividend: Medallion Bank's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Medallion Bank publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Medallion Bank distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Medallion Bank are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Medallion Bank dividends paid?
Medallion Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Medallion Bank sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Medallion Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Medallion Bank declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Medallion Bank pay dividends?
Medallion Bank typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Medallion Bank pay dividends?
The general pattern is that Medallion Bank pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Medallion Bank dividend safe?
The safety of Medallion Bank's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Medallion Bank's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Medallion Bank's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.