Manhattan Bridge Capital, Inc. Announces Payment of Quarterly Dividend
Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) has announced a cash dividend of $0.125 per share, following the board's approval on July 28, 2022.
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 $0.125 per share, following the board's approval on July 28, 2022. This dividend will be paid to shareholders of record on October 11, 2022, with a payment date set for October 17, 2022. This initiative reflects the company's commitment to returning value to shareholders.
Positive
- Cash dividend of $0.125 per share approved, indicating strong shareholder value proposition.
Negative
- None.
Details
News Market Reaction – LOAN
The recorded move for LOAN in the trading session of this news was -0.18%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GREAT NECK, N.Y., Sept. 23, 2022 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on July 28, 2022, a cash dividend of
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