Medallion Financial's Preferred Stock, Series F Shares Cross 8% Yield Mark

In trading on Thursday, shares of Medallion Financial Corp's 8.0% Fix/Float Non-Cumulative Perpetual Preferred Stock, Ser F (MBNKP) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $24.96 on the day. This compares to an average yield of 6.64% in the "Financial" preferred stock category, according to Preferred Stock Channel..