Medallion Financial is a financial institution holding company. Through its subsidiaries, Co. is engaged in originating, acquiring, and servicing loans that finance taxi medallions and various types of commercial businesses. Co. also provides debt, mezzanine, and equity investment capital to companies in a variety of industries. Co. provides loans to individuals and small to mid-size businesses, through its subsidiaries, in four segments: loans that finance consumer purchases of recreational vehicles, boats, and trailers; loans that finance consumer small scale home improvements; loans that finance commercial businesses; and loans that finance taxi medallions. The MFIN stock yearly return is shown above.
The yearly return on the MFIN stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2015 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the MFIN annual return calculation with any dividends reinvested as applicable (on ex-dates).
|