Manhattan Bridge Capital Announces Quarterly Dividend
Manhattan Bridge Capital (LOAN) has declared a quarterly dividend of $0.11 per share, consistent with its previous payout. The forward yield is currently estimated at 11.31%. Shareholders will receive the payment on October 15 for those registered as of October 8; shares will trade ex-dividend starting that same date. This marks Manhattan Bridge Capital's fourth consecutive quarter maintaining this dividend level, indicating a stable payout strategy despite market conditions. The company reported GAAP earnings per share (EPS) of $0.10 and revenue of $2.04 million in its latest financial results.
Tickers: $LOAN
Topics: dividend financials