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Manhattan Bridge Capital, Inc. Increases its Quarterly Dividend to $0.125 per Share

Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) has declared a quarterly dividend of $0.125 per share.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) has declared a quarterly dividend of $0.125 per share. This dividend is set to benefit all shareholders of record on July 9, 2021, with payment scheduled for July 15, 2021. The announcement reflects the company's continued commitment to returning value to its shareholders.

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Positive

  • Quarterly dividend of $0.125 per share announced.
  • Dividend payment date set for July 15, 2021.
  • Demonstrates commitment to shareholder value.

Negative

  • None.
Argus Session date unavailable
+3.43% session move Open Argus
Details

News Market Reaction – LOAN

The recorded move for LOAN in the trading session of this news was +3.43%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GREAT NECK, N.Y., April 15, 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 July 9, 2021. The dividend will be paid on July 15, 2021.  

SOURCE: Manhattan Bridge Capital, Inc.


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the upcoming dividend amount for LOAN?

The upcoming dividend amount for LOAN is $0.125 per share.

When is the dividend for LOAN scheduled to be paid?

The dividend for LOAN is scheduled to be paid on July 15, 2021.

Who qualifies for the LOAN dividend?

All shareholders of record on July 9, 2021, qualify for the LOAN dividend.

Is the LOAN dividend sustainable?

The sustainability of the LOAN dividend is not discussed in the press release.

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