Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Manhattan Bridge Capital has declared a quarterly dividend of $0.125 per share for shareholders of record on December 31, 2021. The payment date is set for January 18, 2022. This initiative demonstrates the company's commitment to returning value to its shareholders. The proactive dividend declaration signals financial stability and confidence in future performance, positioning LOAN as an attractive option for income-focused investors.

Positive

• Quarterly dividend announced at $0.125 per share.
• Dividend payment date set for January 18, 2022, showing commitment to shareholder returns.

Negative

• None.

News Market Reaction – LOAN

+2.45%

+2.45% Session move

In the trading session that priced this news, LOAN gained 2.45%, reflecting a moderate positive 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., Nov. 09, 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 December 31, 2021. The dividend will be paid on January 18, 2022.  

SOURCE: Manhattan Bridge Capital, Inc.

FAQ

What is the LOAN dividend amount for Q4 2021?

The LOAN dividend amount for Q4 2021 is $0.125 per share.

When will the LOAN dividend be paid?

The LOAN dividend will be paid on January 18, 2022.

Who is eligible for the LOAN dividend?

Shareholders of record on December 31, 2021, are eligible for the LOAN dividend.