Manhattan Bridge Capital, Inc. Announces Payment of Quarterly Dividend

Rhea-AI Summary

Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) has announced a cash dividend of $0.125 per share, following the board's approval on July 28, 2022. This dividend will be paid to shareholders of record on October 11, 2022, with a payment date set for October 17, 2022. This initiative reflects the company's commitment to returning value to shareholders.

Positive

• Cash dividend of $0.125 per share approved, indicating strong shareholder value proposition.

Negative

• None.

GREAT NECK, N.Y., Sept. 23, 2022 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on July 28, 2022, a cash dividend of $0.125 per share will be paid to all shareholders of record on October 11, 2022. The dividend will be paid on October 17, 2022.

FAQ

When will the dividend for LOAN be paid?

The cash dividend for LOAN will be paid on October 17, 2022.

What is the amount of the dividend announced for LOAN?

The announced dividend for LOAN is $0.125 per share.

Who is eligible for the LOAN dividend payment?

Shareholders of record as of October 11, 2022, are eligible for the LOAN dividend payment.