Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

(Neutral)

Rhea-AI Summary

Manhattan Bridge Capital (NASDAQ: LOAN) announced a quarterly dividend of $0.125 per share, to be paid to shareholders of record on December 30, 2022. The payment is scheduled for January 17, 2023. This dividend declaration reflects the company’s commitment to returning value to its shareholders.

Positive

Quarterly dividend of $0.125 per share enhances shareholder returns.
Dividend payment scheduled for January 17, 2023 demonstrates financial stability.

Negative

None.

News Market Reaction – LOAN

+0.92%

+0.92% Session move

In the trading session that priced this news, LOAN gained 0.92%, reflecting a mild 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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12/09/2022 - 11:22 AM

GREAT NECK, N.Y., Dec. 09, 2022 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.125 per share to be paid to all shareholders of record on December 30, 2022. The dividend will be paid on January 17, 2023.

SOURCE: Manhattan Bridge Capital, Inc.

FAQ

What is the dividend amount declared by LOAN?

The dividend amount declared by Manhattan Bridge Capital (LOAN) is $0.125 per share.

When will the dividend be paid to LOAN shareholders?

The dividend will be paid on January 17, 2023.

Who is eligible for the LOAN dividend?

Shareholders of record on December 30, 2022, are eligible for the dividend.

How often does LOAN pay dividends?

Manhattan Bridge Capital typically pays dividends quarterly.