Key Highlights

  • Manhattan Bridge Capital's $0.11 quarterly Dividend trades ex-dividend October 8, 2026, with payment on October 15 to shareholders of record.
  • Second-quarter Revenue was $2.045 million, compared with $2.355 million, and Net Income was $1.153 million, or $0.10 per share.
  • Six-month net income was $2.427 million, or $0.21 per share, compared with $2.786 million, or $0.24 per share.
  • The company paid $2.572 million of dividends in the first six months and declared $1.257 million more.

Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) declared a quarterly dividend of $0.11 per share, a Yield of 11.40%, payable October 15 to shareholders of record on October 8, 2026. Second-quarter revenue was $2.045 million, and net income was $1.153 million, or $0.10 per share. The company reported loans receivable of $61.773 million at June 30.

Dividend Program and Shareholder Returns

Manhattan Bridge Capital's board approved the $0.11 per share dividend on July 28, 2026, and the company announced the payment on September 23. The dividend is payable October 15 to shareholders of record on October 8, and the shares trade ex-dividend on October 8. The September 23 announcement stated that the Cash Dividend of $0.11 per share will be paid to all shareholders of record on October 8, 2026, with payment on October 15, 2026.

In its second-quarter release, the company reported that it paid $2.572 million of dividends during the first six months of 2026 and declared an additional $1.257 million. It also reported treasury share repurchases of 6,942 shares for $30,049. Each dividend remains subject to board approval.

About the Company

Manhattan Bridge Capital, Inc. is based in Great Neck, New York, and Assaf Ran is its chief executive officer. The company reported loans receivable of $61.773 million, total Assets of $63.994 million, lines of Credit of $19.309 million and stockholders' Equity of $42.989 million at June 30, 2026.

Second-Quarter and Six-Month Results

Manhattan Bridge Capital reported second-quarter revenue of $2.045 million, compared with $2.355 million a year earlier. Interest income was $1.738 million, compared with $1.899 million, and origination fees were $307,000, compared with $456,000. Net income was $1.153 million, or $0.10 per share, compared with $1.413 million, or $0.12 per share.

For the first six months of 2026, total revenue was $4.113 million, compared with $4.629 million. Interest income was $3.437 million, compared with $3.733 million, and origination fees were $675,000, compared with $896,000. Net income was $2.427 million, or $0.21 per share, compared with $2.786 million, or $0.24 per share.

Management Commentary on Competition and a Florida Loan

In the release, Assaf Ran stated that competition remains intense and that the company is generally charging interest rates that are 1.5% to 2.0% lower than a year ago. He also disclosed a potential foreclosure situation on a Loan secured by Florida property.

Outlook

Manhattan Bridge Capital's $0.11 quarterly dividend is payable October 15 to shareholders of record on October 8, 2026. Interest rates charged on new loans, the outcome of the potential Florida foreclosure, and revenue and net income relative to the $0.11 dividend are the relevant considerations.