STOCK TITAN

Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
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.

News Market Reaction 1 Alert

+2.44% News Effect

On the day this news was published, LOAN gained 2.44%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

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.
Manhattan Bridge

NASDAQ:LOAN

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