Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Manhattan Bridge Capital (NASDAQ: LOAN) has announced its board of directors' declaration of a quarterly dividend of $0.115 per share. The dividend will be distributed to shareholders of record on April 8, 2025, with the payment scheduled for April 15, 2025.

Positive

• Maintains consistent quarterly dividend payment of $0.115 per share
• Demonstrates financial stability and commitment to shareholder returns

Negative

• None.

News Market Reaction – LOAN

-0.87%

-0.87% Session move

In the trading session that priced this news, LOAN declined 0.87%, reflecting a mild negative 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., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.115 per share to be paid to all shareholders of record on April 8, 2025. The dividend will be paid on April 15, 2025.

FAQ

What is the amount of Manhattan Bridge Capital's Q2 2025 dividend (LOAN)?

Manhattan Bridge Capital (LOAN) declared a quarterly dividend of $0.115 per share for Q2 2025.

When is the ex-dividend date for Manhattan Bridge Capital's Q2 2025 dividend?

Based on the April 8, 2025 record date, the ex-dividend date would be one business day before the record date.

What is the record date for LOAN's Q2 2025 dividend payment?

The record date for Manhattan Bridge Capital's Q2 2025 dividend is April 8, 2025.

When will Manhattan Bridge Capital (LOAN) pay its Q2 2025 dividend?

Manhattan Bridge Capital will pay its Q2 2025 dividend on April 15, 2025.

What is the annual dividend yield for Manhattan Bridge Capital (LOAN) based on the current quarterly payment?

The annual dividend would be $0.46 per share ($0.115 × 4 quarters), but the yield percentage depends on the current stock price.