Manhattan Bridge Capital, Inc. Announces Payment of Quarterly Dividend
Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) has declared a cash dividend of $0.10 per share.
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 $0.10 per share. This dividend, approved by the board on May 7, 2020, will be paid to shareholders of record as of July 10, 2020. Payment is scheduled for July 15, 2020.
Positive
- Dividend of $0.10 per share enhances shareholder income.
- Demonstrates company confidence in financial stability.
Negative
- None.
Details
News Market Reaction – LOAN
The recorded move for LOAN in the trading session of this news was +7.11%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GREAT NECK, N.Y., June 29, 2020 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on May 7, 2020, a cash dividend of
FAQ
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