Follow The Dividend: Nov 17, 2016 is the day that Marlin Business Services Corp. (NASDAQ:MRLN) shareholders will see dividends of $0.14?

Follow The Dividend: Nov 17, 2016 is the day that Marlin Business Services Corp. (NASDAQ:MRLN) shareholders will see dividends of $0.14?

Marlin Business Services Corp. (NASDAQ:MRLN) is expected to pay $0.14 on Nov 17, 2016. The indicated annual dividend is $0.56. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Marlin Business Services Corp.’s current price of $17.20, the dividend is 0.81%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 28, 2016. The stock closed at $17.2 during the last session. It is down 20.20% since March 31, 2016 and is uptrending. It has outperformed by 17.67% the S&P500.

Marlin Business Services Corp. is a well-known provider of equipment financing solutions primarily to small and mid-sized businesses. The company has a market cap of $212.41 million. The Firm finances over 100 categories of common-use commercial equipment, including copiers, computers and software, security systems, telecommunications equipment, and certain commercial and industrial equipment. It has a 13.95 P/E ratio. The Firm accesses its end user clients primarily through origination sources, including its existing network of over 12,300 independent commercial equipment dealers and various national account programs; through direct solicitation of its end user customers, and through relationships with select lease brokers.

Insitutional Activity: The institutional sentiment decreased to 1.18 in Q2 2016. Its down 0.12, from 1.3 in 2016Q1. The ratio dropped, as 4 funds sold all Marlin Business Services Corp. shares owned while 24 reduced positions. 6 funds bought stakes while 27 increased positions. They now own 9.10 million shares or 0.64% less from 9.16 million shares in 2016Q1.
Prudential Fincl holds 0% of its portfolio in Marlin Business Services Corp. (NASDAQ:MRLN) for 36,051 shares. Blackrock Institutional Tru Na accumulated 528,116 shares or 0% of the stock. The Massachusetts-based Rhumbline Advisers has invested 0% in Marlin Business Services Corp. (NASDAQ:MRLN). Dimensional Fund Advsr L P accumulated 0.01% or 1.05M shares. The New York-based Tower Research Ltd Liability Corporation (Trc) has invested 0% in Marlin Business Services Corp. (NASDAQ:MRLN). Blackrock Fund Advsrs has 0% invested in the company for 218,279 shares. Parkside Bank & Trust & Trust holds 0.01% or 805 shares in its portfolio. Lsv Asset Management holds 0% or 74,500 shares in its portfolio. Harvest Strategies Ltd Llc reported 42,396 shares or 0.1% of all its holdings. The Pennsylvania-based Vanguard Group Incorporated has invested 0% in Marlin Business Services Corp. (NASDAQ:MRLN). The New York-based Dalton Greiner Hartman Maher & Co has invested 0.15% in Marlin Business Services Corp. (NASDAQ:MRLN). Red Mountain Cap Limited Liability has 9.42% invested in the company for 2.98 million shares. Tiaa Cref Investment Mgmt Ltd Com has invested 0% of its portfolio in Marlin Business Services Corp. (NASDAQ:MRLN). Blackrock Advsr Ltd Co accumulated 0% or 23,435 shares. American Int Gp Inc holds 0% or 4,769 shares in its portfolio.

Insider Transactions: Since September 7, 2016, the stock had 1 insider purchase, and 2 selling transactions for $277,290 net activity. 8,160 shares were sold by Siciliano Edward John, worth $155,641 on Wednesday, September 7. MESDAG WILLEM had bought 25,000 shares worth $474,770 on Wednesday, September 7. 2,221 shares were sold by Sherlock James, worth $41,839 on Monday, September 12.

Marlin Business Services Corp. (NASDAQ:MRLN) Ratings Coverage

Out of 2 analysts covering Marlin Business Services (NASDAQ:MRLN), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Marlin Business Services has been the topic of 3 analyst reports since November 4, 2015 according to StockzIntelligence Inc. The firm has “Market Perform” rating by William Blair given on Thursday, February 4.

More notable recent Marlin Business Services Corp. (NASDAQ:MRLN) news were published by: Globenewswire.com which released: “Marlin Business Services Corp. Names Jeffrey Hilzinger as CEO” on May 05, 2016, also Njbiz.com with their article: “Marlin Business Services names treasurer” published on November 01, 2016, Globenewswire.com published: “Marlin Business Services Corp. Names David Herring Vice President of Sales …” on June 28, 2016. More interesting news about Marlin Business Services Corp. (NASDAQ:MRLN) were released by: Globenewswire.com and their article: “Marlin Business Services Corp. Promotes Ed Siciliano to COO” published on July 06, 2016 as well as Globenewswire.com‘s news article titled: “Marlin Business Services Corp. Reports Third Quarter 2016 Earnings and …” with publication date: October 27, 2016.

MRLN Company Profile

Marlin Business Services Corp., incorporated on August 5, 2003, is a well-known provider of equipment financing solutions primarily to small and mid-sized businesses. The Firm finances over 100 categories of common-use commercial equipment. The Firm accesses its end user clients primarily through origination sources, including its existing network of over 12,300 independent commercial equipment dealers and various national account programs; through direct solicitation of its end user customers, and through relationships with select lease brokers. The Firm provides equipment dealers with the ability to offer its lease financing and related services to their clients as an integrated part of their selling process. The Company’s integrated account origination platform enables it to solicit, process and service various low-balance financing transactions.

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