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Monday, 06/16/2014 8:44:14 AM

Monday, June 16, 2014 8:44:14 AM

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07:14 AM EDT, 06/09/2014 (MT Newswires) -- Manhattan Bridge Capital (LOAN) increased its quarterly dividend rate to $0.07 per share, more than triple its prior quarterly rate of $0.02 per share.

The annual dividend amounts to $0.28 per share, payable in four equal quarterly installments on July 15, 2014, October 15, 2014, January 15, 2015 and April 15, 2015 to shareholders of record on July 10, 2014, and October 10, 2014, January 10, 2015 and April 10, 2015, respectively.

LOAN was inactive in recent pre-market trading after closing Friday at $2.29, in a 52-week range of $1.42 to $2.59.

Price: 2.29, Change: , Percent Change:

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