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Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

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.

(Neutral)

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.

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dividends

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.

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Positive

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

Negative

  • None.
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+0.92% session move Open Argus
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News Market Reaction – LOAN

The recorded move for LOAN in the trading session of this news was +0.92%.

Data tracked by StockTitan Argus. Session date unavailable.

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

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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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

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