Manhattan Bridge Capital, Inc. Announces Payment of Quarterly Dividend

Rhea-AI Summary

Manhattan Bridge Capital has announced its quarterly dividend payment of $0.115 per share, in line with the board's declaration on March 12, 2024. Shareholders of record by July 10, 2024, will receive the dividend on July 15, 2024. This reflects the company's ongoing commitment to providing returns to its investors and maintaining a consistent dividend payout policy.

Positive

• Quarterly dividend of $0.115 per share announced.
• Dividend payment date set for July 15, 2024.
• Shareholders of record by July 10, 2024, are eligible.

Negative

• None.

News Market Reaction

-0.58%

1 alert

-0.58% News Effect

On the day this news was published, LOAN declined 0.58%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

GREAT NECK, N.Y., June 24, 2024 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on March 12, 2024, a cash dividend of $0.115 per share will be paid to all shareholders of record on July 10, 2024. The dividend will be paid on July 15, 2024.

FAQ

What is the dividend amount declared by Manhattan Bridge Capital?

Manhattan Bridge Capital declared a quarterly dividend of $0.115 per share.

When is the record date for Manhattan Bridge Capital's dividend?

The record date for the dividend is July 10, 2024.

When will Manhattan Bridge Capital pay the declared dividend?

Manhattan Bridge Capital will pay the dividend on July 15, 2024.

What is the stock symbol for Manhattan Bridge Capital?

The stock symbol for Manhattan Bridge Capital is LOAN.

When was the dividend declaration made by Manhattan Bridge Capital?

The dividend declaration was made on March 12, 2024.