GREAT NECK, N.Y., March 31, 2026 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on February 10, 2026, a cash dividend of $0.11 per share will be paid to all shareholders of record on April 8, 2026. The dividend will be paid on April 15, 2026.
Manhattan Bridge Capital, Inc. announced a quarterly dividend of $0.11 per share, to be paid to shareholders of record on April 8, 2026, with the payment set for April 15, 2026, reflecting the company's commitment to returning value to its investors.
Summarize with
Key Points
- Declared quarterly cash dividend of $0.11 per share.
- Dividend record date set for April 8, 2026, with payment on April 15, 2026.
- Demonstrates company’s ongoing shareholder value strategy and financial stability.
Risks
- Payment of dividends depends on sufficient earnings, which may fluctuate, impacting future dividend payments.
- Economic conditions and interest rate changes could affect the company's lending business and dividend sustainability.
- Market conditions may influence investor sentiment despite the dividend announcement, creating potential volatility.