Manhattan Bridge Capital, Inc. Announces Payment of Quarterly Dividend

Rhea-AI Summary

Manhattan Bridge Capital (NASDAQ: LOAN) has announced a cash dividend of $0.125 per share, set to benefit all shareholders recorded by October 8, 2021. This dividend payment will be executed on October 15, 2021. This move reflects the company's commitment to returning value to its shareholders and maintaining a steady distribution policy.

Positive

• Cash dividend of $0.125 per share indicates strong financial health.
• Shareholder confidence boosted by consistent dividend payments.

Negative

• None.

News Market Reaction – LOAN

-0.86%

-0.86% Session move

In the trading session that priced this news, LOAN declined 0.86%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GREAT NECK, N.Y., Sept. 24, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on July 29, 2021, a cash dividend of $0.125 per share will be paid to all shareholders of record on October 8, 2021. The dividend will be paid on October 15, 2021.

FAQ

What is the dividend amount for LOAN?

The dividend amount for LOAN is $0.125 per share.

When is the dividend payment date for LOAN?

The dividend payment date for LOAN is October 15, 2021.

Who is eligible for the LOAN dividend?

Shareholders of record on October 8, 2021, are eligible for the LOAN dividend.