Doubled dividend to 2 cents after this months1 cent
Manhattan Bridge Capital, Inc. announced today that it would pay a $0.02 per share dividend to shareholders of record on May 15, 2014, August 15, 2014, November 14, 2014 and February 13, 2015 with pay dates on May 20, 2014, August 20, 2014, November 20, 2014 and February 20, 2015
I like this but I would still prefer them to call it in regular dividend.
Can't call it a regular because they always fear another replay of the 2007 to 2009 real estate environment. But with the CEO owning so much stock and if the economy doesn't collapse, it wouldn't surprise me if next year he raised the dividend to 2 1/2 cents per quarter.