Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

Rhea-AI Summary

On April 17, 2023, Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) declared a quarterly dividend of $0.1125 per share. This dividend is set to benefit all shareholders of record as of July 10, 2023, with payment scheduled for July 17, 2023. This announcement highlights the company's ongoing commitment to return value to its shareholders amid its operational activities in the financial sector.

Positive

• Quarterly dividend of $0.1125 per share declared, showcasing shareholder value.

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• None.

GREAT NECK, N.Y., April 17, 2023 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.1125 per share to be paid to all shareholders of record on July 10, 2023. The dividend will be paid on July 17, 2023.

FAQ

What is the dividend amount declared by LOAN?

Manhattan Bridge Capital declared a dividend of $0.1125 per share.

When is the dividend payment date for LOAN?

The dividend will be paid on July 17, 2023.

Who is eligible for the dividend from LOAN?

All shareholders of record on July 10, 2023, are eligible for the dividend.

Is the dividend from LOAN sustainable?

The press release does not provide specific details on the sustainability of the dividend.