Manhattan Bridge Capital (LOAN) Declares $0.08 Quarterly Dividend; 7.6% Yield
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Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
August 3, 2015 7:00 AM EDTLONG ISLAND, N.Y., Aug. 03, 2015 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors had approved a $0.08 per share quarterly dividend to be paid to all shareholders of record on October 9, 2015 with pay date on October 15,... More
Manhattan Bridge Capital, Inc. Reports Second Quarter Results
July 31, 2015 7:30 AM EDTLONG ISLAND, N.Y., July 31, 2015 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN)
Manhattan Bridge Capital, Inc. announced today that its total revenue for the three month period ended June 30, 2015 was approximately $912,000 compared to approximately $630,000 for the three month period ended June 30, 2014, an increase of $282,000, or 44.8%. For the three month period ended June 30, 2015, approximately $764,000 of the Company's revenue represents interest income on the secured, commercial loans that the Company offers to small businesses compared to approximately $518,000 for the same period in 2014, and approximately $148,000 represents origination fees on such... More
