Medallion Financial Stock Enters Oversold Territory

Medallion Financial Corp (MFIN) has entered oversold territory with a Relative Strength Index reading of 25.5, a sign that heavy selling may be exhausting itself. The company's recent annualized dividend of 0.48/share yields 5.17% based on the recent share price. Dividend investors should consider MFIN's dividend history before deciding if they are bullish on the stock.