Manhattan Bridge Capital, Inc. Announces Payment of Quarterly Dividend
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.
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) 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.
Details
News Market Reaction – LOAN
The recorded move for LOAN in the trading session of this news was -0.86%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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