Manhattan Bridge Capital, Inc. declares a $0.11 quarterly dividend, payable on October 15, 2026.
Quiver AI Summary
Manhattan Bridge Capital, Inc. has declared a quarterly dividend of $0.11 per share for its shareholders, with a record date of October 8, 2026, and payment scheduled for October 15, 2026. This announcement was made by the company's board of directors on July 28, 2026.
Potential Positives
- The board of directors has declared a quarterly dividend, demonstrating the company's commitment to returning value to its shareholders.
- The dividend payment of $0.11 per share may attract investors interested in income-generating stocks.
- The specified payment date of October 15, 2026, provides clear information for shareholders regarding when they will receive their dividends.
- This announcement reflects the company's financial stability and ongoing profitability to sustain dividend payments.
Potential Negatives
- Declaring a dividend may indicate that the company's cash reserves are being used for short-term shareholder returns rather than long-term investments or growth strategies.
FAQ
What is the amount of the quarterly dividend declared by Manhattan Bridge Capital?
The board of directors has declared a quarterly dividend of $0.11 per share.
When will the dividend be paid to shareholders?
The dividend will be paid on October 15, 2026.
Who is eligible to receive the dividend from Manhattan Bridge Capital?
All shareholders of record on October 8, 2026, will be eligible to receive the dividend.
What is the stock ticker symbol for Manhattan Bridge Capital?
The stock ticker symbol for Manhattan Bridge Capital is LOAN.
Who can I contact for more information about the dividend announcement?
You can contact Assaf Ran, CEO, at 516-444-3400 for more information.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LOAN Hedge Fund Activity
We have seen 18 institutional investors add shares of $LOAN stock to their portfolio, and 19 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PANORAMIC INVESTMENT ADVISORS, LLC added 441,286 shares (+inf%) to their portfolio in Q1 2026, for an estimated $1,963,722
- BEESE FULMER INVESTMENT MANAGEMENT, INC. removed 220,916 shares (-64.3%) from their portfolio in Q1 2026, for an estimated $983,076
- FORTRESS FINANCIAL SOLUTIONS, LLC removed 147,298 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $655,476
- MERCER GLOBAL ADVISORS INC /ADV removed 137,177 shares (-38.4%) from their portfolio in Q1 2026, for an estimated $610,437
- FRAZIER FINANCIAL ADVISORS, LLC added 124,229 shares (+156.0%) to their portfolio in Q1 2026, for an estimated $552,819
- PINNACLE WEALTH PLANNING SERVICES, INC. removed 103,083 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $458,719
- GK WEALTH MANAGEMENT LLC removed 86,777 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $392,232
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
GREAT NECK, N.Y., July 28, 2026 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LO AN ) announced today that its board of directors has declared a quarterly dividend of $0.11 per share to be paid to all shareholders of record on October 8, 2026. The dividend will be paid on October 15, 2026.
Contact:
Assaf Ran, CEO
(516) 444-3400
www.linkedin.com/in/assafran
