STOCK TITAN

Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

Manhattan Bridge Capital has declared a quarterly dividend of $0.11 per share for all shareholders of record on April 9, 2021.

(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 has declared a quarterly dividend of $0.11 per share for all shareholders of record on April 9, 2021. This dividend will be disbursed on April 15, 2021, showcasing the company's ongoing commitment to returning value to its investors. The announcement reflects the firm’s financial health and aims to enhance shareholder confidence.

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Positive

  • Quarterly dividend of $0.11 per share indicates strong cash flow and profitability.
  • Dividend payment date set for April 15, 2021, boosts investor confidence.

Negative

  • None.
Argus Session date unavailable
+2.44% session move Open Argus
Details

News Market Reaction – LOAN

The recorded move for LOAN in the trading session of this news was +2.44%.

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., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.11 per share to be paid to all shareholders of record on April 9, 2021. The dividend will be paid on April 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 announced by LOAN?

Manhattan Bridge Capital announced a quarterly dividend of $0.11 per share.

When will the dividend be paid to shareholders of LOAN?

The dividend will be paid on April 15, 2021.

What is the record date for receiving the dividend for LOAN shareholders?

The record date for receiving the dividend is April 9, 2021.

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