Manhattan Bridge Capital, Inc. Announces Payment of Quarterly Dividend
Manhattan Bridge Capital (NASDAQ: LOAN) announced a cash dividend of $0.125 per share, set to be distributed to shareholders of record on July 9, 2021.
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 $0.125 per share, set to be distributed to shareholders of record on July 9, 2021. This dividend follows the board's earlier declaration on April 15, 2021, and will be paid out on July 15, 2021. The announcement underscores the company's commitment to returning value to its shareholders.
Positive
- Cash dividend of $0.125 per share enhances shareholder value.
- Scheduled dividend payment indicates financial stability and confidence.
Negative
- None.
Details
News Market Reaction – LOAN
The recorded move for LOAN in the trading session of this news was +4.62%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GREAT NECK, N.Y., June 22, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on April 15, 2021, a cash dividend of
SOURCE: Manhattan Bridge Capital, Inc.
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