Manhattan Bridge Capital, Inc. Announces Payment of Quarterly Dividend
Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) has announced a cash dividend of $0.1125 per share, set to benefit all shareholders on record as of April 10, 2023.
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 $0.1125 per share, set to benefit all shareholders on record as of April 10, 2023. This dividend, following the board's approval on March 13, 2023, will be distributed on April 17, 2023. This financial move highlights the company's commitment to returning value to its shareholders.
Positive
- Cash dividend of $0.1125 per share announced, reflecting company commitment to shareholder returns.
Negative
- None.
Details
News Market Reaction – LOAN
The recorded move for LOAN in the trading session of this news was -1.01%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GREAT NECK, N.Y., March 31, 2023 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on March 13, 2023, a cash dividend of
SOURCE: Manhattan Bridge Capital, Inc.
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