MBNKP Medallion Bank - Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series F

Dividends are payable quarterly from the date of issuance to, but excluding April 1, 2025, at a rate of 8% per annum, and from and including April 1, 2025, at a floating rate equal to a benchmark rate (which is expected to be three-month Secured Overnight Financing Rate, or SOFR) plus a spread of 6.46% per annum.  This security was issued by Medallion Financial, whose common stock symbol is MFIN.

$25.04  -0.22 (-0.87%)
As of 06/28/2022 16:00:00 EST     IEX book   CBOE book

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Security Information

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Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Credit Services
Index country:  USA
Country of incorporation:  USA
IPO date:  12/18/2019
Outstanding shares:  1,840,000
Average volume:  4,399
Market cap:   $46,460,000
Current dividend yield:  7.92%    calculation
Initial coupon rate:    8.000%
Cumulative:    No
Liquidation value:   $25.00
Callable after:   01/01/1900
Maturity date:    n/a - perpetual
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol: