Medley Management Inc (MDLY) to Issue Quarterly Dividend of $0.03 on May 3rd
Medley Management Inc (NYSE:MDLY) announced a quarterly dividend on Tuesday, April 2nd, Wall Street Journal reports. Shareholders of record on Monday, April 15th will be paid a dividend of 0.03 per share by the asset manager on Friday, May 3rd. This represents a $0.12 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date is Friday, April 12th.
Shares of NYSE MDLY opened at $3.32 on Thursday. The firm has a market capitalization of $18.96 million, a price-to-earnings ratio of 40.75 and a beta of 1.55. Medley Management has a 52-week low of $2.88 and a 52-week high of $5.80.
Separately, ValuEngine raised shares of Medley Management from a “sell” rating to a “hold” rating in a research note on Saturday, February 2nd.
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Medley Management Company Profile
Medley Management Inc is an investment holding company and operate and control all of the business and affairs of Medley LLC and its subsidiaries. Medley Management Inc was incorporated on June 13, 2014 and is based in New York, New York.
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