Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Manhattan Bridge Capital (NASDAQ: LOAN) has declared a quarterly dividend of $0.115 per share. This dividend will be paid on October 15, 2024, to shareholders of record as of October 8, 2024. The announcement, made on July 29, 2024, demonstrates the company's commitment to providing regular returns to its shareholders. Manhattan Bridge Capital, a real estate finance company, continues its tradition of quarterly dividend payments, which may be seen as a positive sign of financial stability and shareholder value creation.

Positive

• Consistent quarterly dividend payment of $0.115 per share
• Maintaining shareholder returns in the current economic climate

Negative

• None.

News Market Reaction – LOAN

+2.29%

+2.29% Session move

In the trading session that priced this news, LOAN gained 2.29%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GREAT NECK, N.Y., July 29, 2024 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.115 per share to be paid to all shareholders of record on October 8, 2024. The dividend will be paid on October 15, 2024.

FAQ

What is the amount of Manhattan Bridge Capital's quarterly dividend for October 2024?

Manhattan Bridge Capital (NASDAQ: LOAN) has declared a quarterly dividend of $0.115 per share for October 2024.

When will Manhattan Bridge Capital (LOAN) pay its next dividend?

Manhattan Bridge Capital will pay its next dividend on October 15, 2024, to shareholders of record as of October 8, 2024.

What is the record date for Manhattan Bridge Capital's October 2024 dividend?

The record date for Manhattan Bridge Capital's October 2024 dividend is October 8, 2024.

Has Manhattan Bridge Capital (LOAN) changed its dividend amount in the latest announcement?

The press release does not indicate any change in the dividend amount. Manhattan Bridge Capital has declared a quarterly dividend of $0.115 per share.