LOAN Dividend Dates 2023 ❤️

Company Description

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, including New Jersey and Connecticut, and in Florida.

The company’s loans are primarily secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers.

It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.

Manhattan Bridge Capital, Inc. was founded in 1989 and is headquartered in Great Neck, New York.

Manhattan Bridge Capital has 6 employees. For more information about this company, please visit their website.

Analysis

We believe using more recent dividend history can provide better dividend analysis for a company.

The most recent LOAN dividend details are as follows:
The dividend will be payable on OCT 17, 2022, to stockholders of record on OCT 11, 2022, with an ex-dividend date of OCT 07, 2022. This dividend is $0.125.
There is no change from the prior dividend.

LOAN has paid four times dividend with total of $0.500 per share in the past year. The dividend is paid every three months.Based on our analysis, from MAY 13, 2013, LOAN pays dividend 43 times.
Total dividend paid so far is $3.78. Average dividend is $0.09.
Maximum dividend is $0.13 while minimum dividend is $0.01.

Dividend Forecast

According to recent data, over last 9 years, LOAN pays dividend consistently 43 times. In terms of dividend payment consistency, we rate it ten out of ten, which means the future dividend payment is fairly predictable and reliable. If investors are looking for dividend stocks, this could be one of the good indicators. On the other hand, frequent dividend payment during the year means investors don’t need to wait for too long to get dividend payment. It is good for someone lives on stock dividends as a source of income.

Compared with other stocks

Another way to look at a stock’s dividend is to compare it to a peer company’s dividend. If two stocks are in the same industry and have a similar market capitalisation, then they are considered similar.

Code MarketCap(M) Last Dividend
CAN 630 $0.380
LOAN 64 $0.125
KFFB 64 $0.100
FUSB 64 $0.050
ICCC 64 $0.000
RPTX 630 $0.000
BYSI 64 $0.000

As can be seen from the comparison table above, LOAN ranks number two in this group of seven stocks with the latest dividend of $0.125.

Dividend History

Ex-Dividend Date Dividend Payment Date Record Date
07/10/2022 $0.125 17/10/2022 11/10/2022
07/07/2022 $0.125 15/07/2022 08/07/2022
07/04/2022 $0.125 15/04/2022 08/04/2022
30/12/2021 $0.125 18/01/2022 31/12/2021
07/10/2021 $0.125 15/10/2021 08/10/2021
08/07/2021 $0.125 15/07/2021 09/07/2021
08/04/2021 $0.11 15/04/2021 09/04/2021
30/12/2020 $0.11 15/01/2021 31/12/2020
08/10/2020 $0.1 15/10/2020 09/10/2020
09/07/2020 $0.1 15/07/2020 10/07/2020
08/04/2020 $0.11 15/04/2020 10/04/2020
30/12/2019 $0.12 15/01/2020 31/12/2019
09/10/2019 $0.12 15/10/2019 10/10/2019
09/07/2019 $0.12 15/07/2019 10/07/2019
09/04/2019 $0.12 15/04/2019 10/04/2019
28/12/2018 $0.12 15/01/2019 31/12/2018
09/10/2018 $0.12 15/10/2018 10/10/2018
09/07/2018 $0.12 16/07/2018 10/07/2018
09/04/2018 $0.12 16/04/2018 10/04/2018
28/12/2017 $0.11 15/01/2018 29/12/2017
06/10/2017 $0.103 16/10/2017 10/10/2017
06/07/2017 $0.103 17/07/2017 10/07/2017
06/04/2017 $0.1 17/04/2017 10/04/2017
28/12/2016 $0.1 17/01/2017 30/12/2016
06/10/2016 $0.1 17/10/2016 11/10/2016

LOAN Dividend Growth Chart

A picture is better than thousands of words. The following chart shows you LOAN dividend growth over the years.