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Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) has announced a quarterly dividend of $0.125 per share.

(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, 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.

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Positive

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

Negative

  • None.
Argus Session date unavailable
-2.18% session move Open Argus
Details

News Market Reaction – LOAN

The recorded move for LOAN in the trading session of this news was -2.18%.

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., 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

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

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.

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