Manhattan Bridge Capital, Inc. Declares an Increased Quarterly Dividend of $0.11 per Share
Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) has declared a quarterly dividend of $0.11 per share.
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 declared a quarterly dividend of $0.11 per share. This dividend will be paid to all shareholders of record as of December 31, 2020, with a payment date set for January 15, 2021. This announcement reflects the company's ongoing commitment to returning value to its shareholders.
Positive
- Quarterly dividend of $0.11 per share provides income to shareholders.
- Dividend payment reflects confidence in the company's financial stability.
Negative
- None.
Details
News Market Reaction – LOAN
The recorded move for LOAN in the trading session of this news was -0.48%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GREAT NECK, N.Y., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of
SOURCE: Manhattan Bridge Capital, Inc.
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