Manhattan Bridge Capital Declares Increased Quarterly Dividend From $0.1125 To $0.115 Per Share
Portfolio Pulse from Benzinga Newsdesk
Manhattan Bridge Capital has announced an increase in its quarterly dividend from $0.1125 to $0.115 per share, payable to shareholders of record on April 10, 2024, with the payment date set for April 15, 2024.
February 07, 2024 | 12:23 pm
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Manhattan Bridge Capital increases its quarterly dividend to $0.115 per share, payable on April 15, 2024, to shareholders of record as of April 10, 2024.
Increasing dividends is generally viewed positively by the market as it signals confidence in the company's financial health and future prospects. For Manhattan Bridge Capital, this increase, although modest, could attract income-focused investors and potentially support the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100