Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) has declared a quarterly dividend of $0.125 per share. This payment is designated for all shareholders of record on October 11, 2022, with disbursement scheduled for October 17, 2022. This move underscores the company’s commitment to returning value to its shareholders, signaling confidence in ongoing business performance.

Positive

• Quarterly dividend declared at $0.125 per share, enhancing shareholder income.
• Scheduled payment date of October 17, 2022, indicating financial stability.

Negative

• None.

News Market Reaction

-0.53%

1 alert

-0.53% News Effect

On the day this news was published, LOAN declined 0.53%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

GREAT NECK, N.Y., July 28, 2022 (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 October 11, 2022. The dividend will be paid on October 17, 2022.  

FAQ

What is the dividend amount declared by LOAN?

The dividend amount declared by Manhattan Bridge Capital is $0.125 per share.

When is the dividend payment date for LOAN?

The dividend payment date for Manhattan Bridge Capital is October 17, 2022.

Who will receive the dividend from LOAN?

All shareholders of record on October 11, 2022, will receive the dividend.

How often does LOAN pay dividends?

Manhattan Bridge Capital pays dividends quarterly.