Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) has announced a quarterly dividend of $0.125 per share. The dividend is set to benefit all shareholders of record on October 8, 2021, with payment scheduled for October 15, 2021. This decision reflects the company's ongoing commitment to returning value to its shareholders.

Positive

• Declared a quarterly dividend of $0.125 per share.
• Dividend payment indicates company's commitment to shareholder returns.

Negative

• None.

News Market Reaction – LOAN

-2.18%

-2.18% Session move

In the trading session that priced this news, LOAN declined 2.18%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

GREAT NECK, N.Y., July 29, 2021 (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 October 8, 2021. The dividend will be paid on October 15, 2021.  

SOURCE: Manhattan Bridge Capital, Inc.

FAQ

What is the dividend amount declared by LOAN?

Manhattan Bridge Capital, Inc. declared a dividend of $0.125 per share.

When is the dividend payment date for LOAN?

The dividend will be paid on October 15, 2021.

Who will receive the dividend from LOAN?

All shareholders of record as of October 8, 2021, will receive the dividend.

Is the dividend from LOAN sustainable?

The press release does not provide details on the sustainability of the dividend.