Manhattan Bridge Capital, Inc (NASDAQ:LOAN) will begin trading ex-dividend on July 9, 2020. The quarterly dividend payment of $ 0.10 per share is scheduled to be paid on July 15, 2020. Shareholders who purchased LOAN prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
wpDataTable with provided ID not found!Recent Earnings Announcement
Manhattan Bridge Capital, Inc announced income for the first quarter of $ 0.11 per share, from the revenue of $ 1.71 million. The quarterly earnings improved 4.67 percent while revenues compared with the same quarter last year.
Wall street analysts are predicting, LOAN to report 1Q20 income of $ 0.11 per share from revenue of $ 1.46 million. The bottom line results street analysts by $ 0 or , at the same time, top line results topped analysts by $ 0.25 million or 17.12 percent.
Stock Performance
According to the previous trading day, closing price of LOAN was $ 5.27, representing a 107.48 % increase from the 52 week low of $ 2.54 and a 20.15 % decrease over the 52 week high of $ 6.60.
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The company has a market capital of $ 50.75 million and is part of the Real Estate sector and REIT – Diversified industry.
Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or enhancement of properties in the New York metropolitan area. The companys loans are principally secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the businesses.
