Manhattan Bridge Capital, Inc. Announces Payment of Quarterly Dividend
Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) has declared a cash dividend of $0.125 per share, set for payment on January 18, 2022.
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, Inc. (NASDAQ: LOAN) has declared a cash dividend of $0.125 per share, set for payment on January 18, 2022. This dividend will benefit all shareholders recorded by December 31, 2021. The announcement follows the board's approval on November 9, 2021, reiterating the company's commitment to returning value to its shareholders through consistent dividend payments.
Positive
- Dividend of $0.125 per share reinforces shareholder value.
- Payment demonstrates company's commitment to returning value to shareholders.
Negative
- None.
Details
News Market Reaction – LOAN
The recorded move for LOAN in the trading session of this news was +0.33%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GREAT NECK, N.Y., Dec. 21, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on November 9, 2021, a cash dividend of
SOURCE: Manhattan Bridge Capital, Inc.
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