Medley Management Inc (NYSE:MDLY) declared a monthly dividend on Thursday, January 30th, Zacks reports. Investors of record on Thursday, February 27th will be given a dividend of 0.035 per share by the asset manager on Friday, February 28th. This represents a $0.42 dividend on an annualized basis and a yield of 14.74%. The ex-dividend date of this dividend is Wednesday, February 26th.
Medley Management has decreased its dividend payment by an average of 100.0% annually over the last three years.
MDLY stock opened at $2.85 on Monday. Medley Management has a 12 month low of $2.16 and a 12 month high of $4.06. The company has a 50-day moving average price of $3.02 and a 200 day moving average price of $3.17. The stock has a market cap of $17.02 million, a PE ratio of -9.50 and a beta of 1.17.
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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