Manhattan Bridge Capital, Inc. Announces Payment of Quarterly Dividend
Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) has announced a cash dividend of $0.11 per share, payable on April 15, 2021, to shareholders of record by April 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, Inc. (NASDAQ: LOAN) has announced a cash dividend of $0.11 per share, payable on April 15, 2021, to shareholders of record by April 9, 2021. This announcement follows a board-approved dividend declaration made on February 8, 2021. The dividend payment reflects the company’s ongoing commitment to returning value to its shareholders.
Positive
- Cash dividend of $0.11 per share reflects strong shareholder returns.
- Dividend payment scheduled for April 15, 2021, indicating timely distributions.
Negative
- None.
Details
News Market Reaction – LOAN
The recorded move for LOAN in the trading session of this news was +2.87%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GREAT NECK, N.Y., March 31, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on February 8, 2021, a cash dividend of
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