Manhattan Bridge Capital, Inc. Announces Payment of Quarterly $0.11 per Share Dividend
Manhattan Bridge Capital (NASDAQ: LOAN) announced a cash dividend of $0.11 per share, set to benefit shareholders of record on December 31, 2020.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Manhattan Bridge Capital (NASDAQ: LOAN) announced a cash dividend of $0.11 per share, set to benefit shareholders of record on December 31, 2020. This dividend is part of the board-approved decision made on October 26, 2020 and will be distributed on January 15, 2021. The timely payment reflects the company's commitment to returning value to its investors.
Positive
- Cash dividend of $0.11 per share paid on January 15, 2021.
Negative
- None.
Details
News Market Reaction – LOAN
The recorded move for LOAN in the trading session of this news was +2.86%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GREAT NECK, N.Y., Dec. 22, 2020 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on October 26, 2020, a cash dividend of
SOURCE: Manhattan Bridge Capital, Inc.
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