|Day Low/High||27.50 / 28.70|
|52 Wk Low/High||20.26 / 29.95|
New Alliance Will Provide Avery Weigh-Tronix Customers with Affordable, Easy Access to Financing
Marlin to record a one-time, estimated net tax benefit of approximately $10 million
Shareholders of Marlin Business Services Corp looking to boost their income beyond the stock's 2.5% annualized dividend yield can sell the June 2018 covered call at the $25 strike and collect the premium based on the $1.00 bid, which annualizes to an additional 7.6% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 10.1% annualized rate in the scenario where the stock is not called away. Any upside above $25 would be lost if the stock rises there and is called away, but MRLN shares would have to climb 9.7% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 14% return from this trading level, in addition to any dividends collected before the stock was called.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Marlin Business Services Corp presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
Mark Scardigli Promoted to Senior Vice President & Chief Sales Officer
Looking at the universe of stocks we cover at Dividend Channel, on 8/3/17, Marlin Business Services Corp will trade ex-dividend, for its quarterly dividend of $0.14, payable on 8/17/17. As a percentage of MRLN's recent stock price of $26.00, this dividend works out to approximately 0.54%, so look for shares of Marlin Business Services Corp to trade 0.54% lower — all else being equal — when MRLN shares open for trading on 8/3/17.
New Alliance Will Provide Aptean Customers with Affordable, Easy Access to Financing
Looking at the universe of stocks we cover at Dividend Channel, on 2/2/17, Marlin Business Services Corp will trade ex-dividend, for its quarterly dividend of $0.14, payable on 2/16/17. As a percentage of MRLN's recent stock price of $22.50, this dividend works out to approximately 0.62%, so look for shares of Marlin Business Services Corp to trade 0.62% lower — all else being equal — when MRLN shares open for trading on 2/2/17.
Sign up to get started or log in to see your watchlist.
Enter a symbol above to add it to your watchlist.