Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Manhattan Bridge Capital announced a quarterly dividend of $0.10 per share for shareholders of record on October 9, 2020. This dividend is scheduled for payment on October 15, 2020. The declaration reflects the company's commitment to returning value to its investors amidst ongoing market conditions.

Positive

• Quarterly dividend of $0.10 per share reflects shareholder value.

Negative

• None.

News Market Reaction – LOAN

-1.17%

-1.17% Session move

In the trading session that priced this news, LOAN declined 1.17%, reflecting a mild negative 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 30, 2020 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.10 per share to be paid to all shareholders of record on October 9, 2020. The dividend will be paid on October 15, 2020.

SOURCE: Manhattan Bridge Capital, Inc.

FAQ

What is the dividend amount declared by LOAN?

Manhattan Bridge Capital declared a dividend of $0.10 per share.

When is the payment date for the LOAN dividend?

The dividend will be paid on October 15, 2020.

Who are the shareholders eligible for the LOAN dividend?

Shareholders of record on October 9, 2020, are eligible for the dividend.