Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

(Neutral)

Rhea-AI Summary

Manhattan Bridge Capital has declared a quarterly dividend of $0.125 per share, scheduled for payment to shareholders on July 15, 2022. Shareholders of record as of July 8, 2022, will be eligible to receive this dividend. This announcement reflects the company's commitment to returning value to its investors.

Positive

Declaration of a quarterly dividend of $0.125 per share, indicating company profitability and commitment to shareholders.

Negative

None.

News Market Reaction – LOAN

+3.28%

+3.28% Session move

In the trading session that priced this news, LOAN gained 3.28%, 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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04/15/2022 - 07:00 AM

GREAT NECK, N.Y., April 15, 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 July 8, 2022. The dividend will be paid on July 15, 2022.

FAQ

What is the dividend amount for Manhattan Bridge Capital (LOAN)?

The dividend amount is $0.125 per share.

When will shareholders receive the dividend for LOAN?

Shareholders will receive the dividend on July 15, 2022.

What is the record date for the dividend payment of LOAN?

The record date for the dividend payment is July 8, 2022.