SmarterDividends
MFIN

Medallion Financial Corp.

MFIN

Financial Services · Credit Services · Stock · quarterly payer

$11.19

Undervalued · +112% Add to Portfolio

Forward Yield

5.01%

Annual Dividend

$0.56

Payout Ratio

38%

5-Yr Growth

—

Ex-Date

Aug 17, 2026

Frequency

Quarterly

Key facts about MFIN's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Medallion Financial Corp. (MFIN) has a forward dividend yield of 5.01%, based on an annual dividend of $0.56 per share and a share price of $11.19.
  • As of Oct 18, 2026, MFIN's dividend safety grade from SmarterDividends is C (65 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Medallion Financial Corp. (MFIN) has raised its dividend for 3 consecutive years as of Oct 18, 2026.
  • MFIN last cut its regular dividend in 2016.
  • MFIN's most recent ex-dividend date was Aug 17, 2026, for a dividend of $0.14 per share.
  • As of Oct 18, 2026, MFIN pays out 38% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for MFIN is $23.72 per share, 112% above the $11.19 share price, so MFIN screens as undervalued.
  • Medallion Financial Corp. (MFIN) pays its dividend quarterly, 4 times a year.
  • Medallion Financial Corp. (MFIN) has raised its regular dividend 37 times and cut it 6 times across the 94 payments on record since 1997. Its most recent change was a 16.7% increase to $0.140 per share, going ex-dividend on May 11, 2026. The last cut went ex-dividend on Aug 22, 2016.
Cite this page

SmarterDividends, "MFIN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/MFIN

Summary

As of Oct 18, 2026, Medallion Financial Corp. (MFIN) yields 5.01% ($0.56 a year per share), has a dividend safety grade of C (65/100) and has 3 consecutive years of dividend increases on record.

Is MFIN a good dividend stock?

Yes, with caveats

Medallion Financial Corp. (MFIN) pays a quarterly dividend yielding 5.01% ($0.56/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (38%)
  • 42% total price return over 5 years

Risks

  • Cut its dividend in 2016

Key Data

Dividend Yield
5.01%
Payout Ratio
38%
Annual Dividend
$0.56
5-Yr Avg Growth
—
Ex-Dividend Date
Aug 17, 2026
Years of Growth
3
Frequency
quarterly
Beta
0.77
Market Cap
$256.9M
P/E Ratio
8.7
5-Yr Total Return
42%
52-Week Range
$7.85 – $12.26
Dividend Safety
C · 65/100
Ever Cut?
Yes (2016)

MFIN dividend raises and cuts

Medallion Financial Corp. (MFIN) has raised its regular dividend 37 times and cut it 6 times across the 94 payments on record since 1997. Its most recent change was a 16.7% increase to $0.140 per share, going ex-dividend on May 11, 2026. The last cut went ex-dividend on Aug 22, 2016.

Ex-dateChangeOld → newMove
May 11, 2026Raise$0.120 → $0.140+16.7%
May 15, 2025Raise$0.110 → $0.120+9.1%
Nov 15, 2024Raise$0.100 → $0.110+10.0%
Nov 14, 2023Raise$0.0800 → $0.100+25.0%
Aug 22, 2016Cut$0.250 → $0.0500−80.0%
May 12, 2015Raise$0.240 → $0.250+4.2%
May 14, 2014Raise$0.230 → $0.240+4.3%
Nov 13, 2013Raise$0.220 → $0.230+4.5%
Mar 19, 2013Raise$0.210 → $0.220+4.8%
May 11, 2012Raise$0.200 → $0.210+5.0%
Mar 21, 2012Raise$0.190 → $0.200+5.3%
Nov 14, 2011Raise$0.180 → $0.190+5.6%
Show all 43 changes since 1997
Ex-dateChangeOld → newMove
Aug 17, 2011Raise$0.170 → $0.180+5.9%
May 18, 2011Raise$0.160 → $0.170+6.3%
Mar 14, 2011Raise$0.150 → $0.160+6.7%
Mar 11, 2010Cut$0.190 → $0.150−21.1%
Mar 28, 2007Raise$0.180 → $0.190+5.6%
Nov 21, 2006Raise$0.170 → $0.180+5.9%
Aug 16, 2006Raise$0.160 → $0.170+6.3%
May 11, 2006Raise$0.150 → $0.160+6.7%
Mar 8, 2006Raise$0.140 → $0.150+7.1%
Nov 23, 2005Raise$0.130 → $0.140+7.7%
Aug 17, 2005Raise$0.120 → $0.130+8.3%
May 18, 2005Raise$0.110 → $0.120+9.1%
Mar 9, 2005Raise$0.100 → $0.110+10.0%
Nov 9, 2004Raise$0.0800 → $0.100+25.0%
May 12, 2004Raise$0.0700 → $0.0800+14.3%
Mar 10, 2004Raise$0.0500 → $0.0700+40.0%
Nov 12, 2003Raise$0.0300 → $0.0500+66.7%
Aug 29, 2002Cut$0.0900 → $0.0300−66.7%
Dec 27, 2001Cut$0.150 → $0.0900−40.0%
Aug 29, 2001Raise$0.140 → $0.150+7.1%
May 22, 2001Cut$0.360 → $0.140−61.1%
Aug 23, 2000Raise$0.350 → $0.360+2.9%
May 18, 2000Raise$0.320 → $0.350+9.4%
Nov 17, 1999Raise$0.290 → $0.320+10.3%
Aug 19, 1999Raise$0.288 → $0.290+0.7%
May 13, 1999Cut$0.340 → $0.288−15.3%
Dec 29, 1998Raise$0.300 → $0.340+13.3%
Aug 13, 1998Raise$0.280 → $0.300+7.1%
May 14, 1998Raise$0.270 → $0.280+3.7%
Dec 29, 1997Raise$0.240 → $0.270+12.5%
Nov 13, 1997Raise$0.220 → $0.240+9.1%
MFIN ex-dividend date & scheduleNext ex-date Aug 17, 2026 · full ex-dividend historyView →MFIN dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MFIN a good dividend stock?

Yes, with caveats. Medallion Financial Corp. (MFIN) pays a quarterly dividend yielding 5.01% ($0.56/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is MFIN undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MFIN's fair value is about $23.72 versus a $11.19 share price — so it looks undervalued (+112% vs. fair value).

Is MFIN's dividend safe?

MFIN has a dividend-safety grade of C (65/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2016, debt and yield-versus-history.

What is MFIN's fair value?

Our blended fair-value estimate for MFIN is about $23.72 per share, roughly 112% above the current $11.19 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MFIN a buy, hold, or sell?

We don't issue formal ratings, but on the data MFIN screens as "yes, with caveats" and undervalued. Medallion Financial Corp. (MFIN) pays a quarterly dividend yielding 5.01% ($0.56/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will MFIN cut its dividend?

MFIN earns a dividend-safety grade of C (65/100), and has cut its dividend before (last in 2016). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MFIN pay a dividend?

Yes. Medallion Financial Corp. pays a quarterly dividend of about $0.56 per share annually, a forward yield of roughly 5.01%.

What is MFIN's dividend yield?

As of Oct 18, 2026, MFIN's forward dividend yield is 5.01%, based on a $0.56 annual dividend and a $11.19 share price.

What is MFIN's dividend per share?

As of Oct 18, 2026, MFIN pays $0.56 per share per year, distributed on a quarterly basis.

What is MFIN's dividend payout ratio?

As of Oct 18, 2026, MFIN's payout ratio is 38% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has MFIN grown its dividend?

As of Oct 18, 2026, MFIN has increased its dividend for 3 consecutive years.

When is the next MFIN ex-dividend date?

As of Oct 18, 2026, MFIN's next ex-dividend date hasn't been announced. The most recent was Aug 17, 2026, for $0.14 per share.