Manhattan Bridge Capital's latest quarterly dividend of $0.125 per share was on Dec 29, 2022 (ex-date). The annualized dividend distribution of $0.5 per share represents a current dividend yield of 8.7%.
LOAN has a dividend yield of 8.7% which is higher than the Real Estate sector average but lower than the industry average. In comparison with the Real Estate sector average of 5.79%, Manhattan Bridge Capital's dividend yield is 50% higher. The current dividend yield is higher than the historical average of 8.2% of the last 5 years.
Manhattan Bridge Capital has a dividend history dating as far as 2003, but lately the company has recorded nine consecutive years of dividend payments. Our records of LOAN show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 3.1% for the last twelve months. But with the price of the stock up by 4% from a year ago, the dividend yield has decreased by 0.8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 29, 2022 | Jan 17, 2023 | Dec 9, 2022 | $0.125 | normal |
| Oct 7, 2022 | Oct 17, 2022 | Jul 28, 2022 | $0.125 | normal |
| Jul 7, 2022 | Jul 15, 2022 | Apr 15, 2022 | $0.125 | normal |
| Apr 7, 2022 | Apr 15, 2022 | Feb 9, 2022 | $0.125 | normal |
| Dec 30, 2021 | Jan 18, 2022 | Nov 9, 2021 | $0.125 | normal |
| Oct 7, 2021 | Oct 15, 2021 | Jul 29, 2021 | $0.125 | normal |
| Jul 8, 2021 | Jul 15, 2021 | Apr 15, 2021 | $0.125 | normal |
| Apr 8, 2021 | Apr 15, 2021 | Feb 8, 2021 | $0.11 | normal |
| Dec 30, 2020 | Jan 15, 2021 | Oct 26, 2020 | $0.11 | normal |
| Oct 8, 2020 | Oct 15, 2020 | Jun 29, 2020 | $0.1 | normal |
| Jul 9, 2020 | Jul 15, 2020 | May 6, 2020 | $0.1 | normal |
| Apr 8, 2020 | Apr 15, 2020 | Feb 6, 2020 | $0.11 | normal |
| Dec 30, 2019 | Jan 15, 2020 | Oct 22, 2019 | $0.12 | normal |
| Oct 9, 2019 | Oct 15, 2019 | Jul 29, 2019 | $0.12 | normal |
| Jul 9, 2019 | Jul 15, 2019 | Apr 29, 2019 | $0.12 | normal |
| Apr 9, 2019 | Apr 15, 2019 | Feb 5, 2019 | $0.12 | normal |
| Dec 28, 2018 | Jan 15, 2019 | Oct 19, 2018 | $0.12 | normal |
| Oct 9, 2018 | Oct 15, 2018 | Jul 27, 2018 | $0.12 | normal |
| Jul 9, 2018 | Jul 16, 2018 | Apr 18, 2018 | $0.12 | normal |
| Apr 9, 2018 | Apr 16, 2018 | Feb 5, 2018 | $0.12 | normal |
| Dec 28, 2017 | Jan 15, 2018 | Oct 20, 2017 | $0.11 | normal |
| Oct 6, 2017 | Oct 16, 2017 | Aug 1, 2017 | $0.103 | normal |
| Jul 6, 2017 | Jul 17, 2017 | May 1, 2017 | $0.103 | normal |
| Apr 6, 2017 | Apr 17, 2017 | Feb 13, 2017 | $0.1 | normal |
| Dec 28, 2016 | Jan 17, 2017 | Nov 1, 2016 | $0.1 | normal |
| Oct 6, 2016 | Oct 17, 2016 | Aug 1, 2016 | $0.1 | normal |
LOAN has a payout ratio of 111.1% which is higher than the Real Estate sector and the industry average. But in comparison with the Real Estate sector average of 106.2%, Manhattan Bridge Capital's payout ratio is only 4.6% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LOAN Manhattan Bridge Capital Inc | 8.73% | $0.5 | 111.1% |
| SLM SLM Corp | 2.76% | $0.44 | 14.2% |
| PFSI PennyMac Financial Services Inc | 1.21% | $0.8 | 7.2% |
Yes, Manhattan Bridge Capital has paid four dividends in the last twelve months. LOAN has been paying dividends since 2013.
LOAN hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in March 2023.
Manhattan Bridge Capital's last regular dividend was on Dec 29, 2022 (ex-date) with the amount of $0.125 per share.
On an annual basis LOAN pays $0.5 per share.
Currently Manhattan Bridge Capital's dividend yield is 8.7%.
Manhattan Bridge Capital pays four dividends per year.
The dividend payout ratio of Manhattan Bridge Capital is 111.1%.
Manhattan Bridge Capital's dividend yield is higher than the Real Estate sector average.