Great Neck, N.Y. April 23, 2024 / GLOBE Newswire – Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its net income for the three months ended March 31, 2024 was approximately $1,476,000, or $0.13 per share (based on approximately 11.4 million weighted-average outstanding common shares), compared to approximately $1,260,000, or...read more
Great Neck, N.Y. March 28, 2024 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on February 7, 2024, a cash dividend of $0.115 per share will be paid to all shareholders of record on April 10, 2024. The dividend will be paid on April 15, 2024....read more
Great Neck, N.Y. March 12, 2024 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.115 per share to be paid to all shareholders of record on July 10, 2024. The dividend will be paid on July 15, 2024....read more
Great Neck, N.Y. March 11, 2024 / GLOBE Newswire – Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) (the “Company”) announced today that net income for the year ended December 31, 2023 was approximately $5,476,000, or $0.48 per share (based on approximately 11.5 million weighted-average outstanding common shares), versus approximately...read more
Great Neck, N.Y. February 7, 2024 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.115 per share to be paid to all shareholders of record on April 10, 2024. The dividend will be paid on April 15, 2024....read more
Great Neck, N.Y. December 27, 2023 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on November 28, 2023, a cash dividend of $0.1125 per share will be paid to all shareholders of record on December 29, 2023. The dividend will be paid on January 16, 2024....read more
Great Neck, N.Y. November 28, 2023 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.1125 per share to be paid to all shareholders of record on December 29, 2023. The dividend will be paid on January 16, 2024....read more
Great Neck, NY October 24, 2023 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) (the “Company”) announced today that its net income for the three months ended September 30, 2023 was approximately $1,446,000, or $0.13 per basic and diluted share (based on approximately 11.5 million weighted-average outstanding common shares), as compared to...read more
Great Neck, N.Y. September 26, 2023 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on July 27, 2023, a cash dividend of $0.1125 per share will be paid to all shareholders of record on October 10, 2023. The dividend will be paid on October 16, 2023....read more
Great Neck, N.Y. July 27, 2023 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.1125 per share to be paid to all shareholders of record on October 10, 2023. The dividend will be paid on October 16, 2023....read more
Great Neck, NY July 20, 2023 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) (the “Company”) announced today that its total revenues for the three months ended June 30, 2023 were approximately $2,399,000 compared to approximately $2,117,000 for the three months ended June 30, 2022, an increase of $282,000, or 13.3%. The increase in revenues was...read more
Great Neck, N.Y. June 21, 2023 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on April 17, 2023, a cash dividend of $0.1125 per share will be paid to all shareholders of record on July 10, 2023. The dividend will be paid on July 17, 2023....read more
Great Neck, N.Y. April 19, 2023 / GLOBE Newswire – Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its net income for the three months ended March 31, 2023 was approximately $1,260,000, or $0.11 per share (based on approximately 11.5 million weighted-average outstanding common shares), compared to approximately $1,425,000 or $0.12 per share (based on...read more
Great Neck, N.Y. April 17, 2023 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.1125 per share to be paid to all shareholders of record on July 10, 2023. The dividend will be paid on July 17, 2023....read more
Great Neck, NY April 11, 2023 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced that its Board of Directors has authorized a common stock repurchase plan allowing the buyback of up to 100,000 common shares in market or off-market transactions at prevailing prices over the next twelve months. The manner, timing and number of shares purchased...read more
Great Neck, N.Y. March 31, 2023 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on March 13, 2023, a cash dividend of $0.1125 per share will be paid to all shareholders of record on April 10, 2023. The dividend will be paid on April 17, 2023....read more
Great Neck, N.Y. March 13, 2023 / GLOBE Newswire -- Assaf Ran, Chairman of the Board and CEO, stated, “2022 was a good year for Manhattan Bridge Capital. We had a new net earnings record of over $5.2 million, and despite the uncertainty in the real estate market, we avoided losses and collection difficulties. However, the dramatic increase in our interest expense caused by a significant rate increase on our line of credit is a burden on our...read more
Great Neck, N.Y. March 10, 2023 / GLOBE Newswire – Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that net income for the year ended December 31, 2022 was approximately $5,212,000, or $0.45 per share (based on approximately 11.5 million weighted-average outstanding common shares), versus approximately $4,423,000, or $0.42 per share (based on...read more
Great Neck, N.Y. December 9, 2022 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors hasdeclared a quarterly dividend of $0.125 per share to be paid to all shareholders of record on December 30, 2022. Thedividend will be paid on January 17, 2023....read more
Great Neck, NY October 21, 2022 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its net income for the three months ended September 30, 2022 was approximately $1,237,000, or $0.11 per basic and diluted share (based on approximately 11.5 million weighted-average outstanding common shares), as compared to approximately $1,110,000, or...read more
Great Neck, N.Y. September 23, 2022 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on July 28, 2022, a cash dividend of $0.125 per share will be paid to all shareholders of record on October 11, 2022. The dividend will be paid on October 17, 2022....read more
Great Neck, N.Y. July 28, 2022 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.125 per share to be paid to all shareholders of record on October 11, 2022. The dividend will be paid on October 17, 2022. ...read more
Great Neck, NY July 22, 2022 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its total revenues for the three months ended June 30, 2022 were approximately $2,117,000 compared to approximately $1,713,000 for the three months ended June 30, 2021, an increase of $404,000, or 23.6%. The increase in revenue was due to an increase in lending...read more
Great Neck, N.Y. June 22, 2022 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on April 15, 2022, a cash dividend of $0.125 per share will be paid to all shareholders of record on July 8, 2022. The dividend will be paid on July 15, 2022....read more
Great Neck, N.Y. April 15, 2022 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.125 per share to be paid to all shareholders of record on July 8, 2022. The dividend will be paid on July 15, 2022. ...read more
Great Neck, NY April 14, 2022 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that net income for the three months ended March 31, 2022 was approximately $1,425,000, or $0.12 per basic and diluted share (based on approximately 11.5 million weighted-average outstanding common shares), versus approximately $1,106,000, or $0.12 per basic and...read more
Great Neck, N.Y. March 11, 2022 / GLOBE Newswire – Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that net income for the year ended December 31, 2021 was approximately $4,423,000, or $0.42 per share (based on approximately 10.5 million weighted-average outstanding common shares), versus approximately $4,229,000, or $0.44 per share (based on...read more
Great Neck, N.Y. February 9, 2022 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.125 per share to be paid to all shareholders of record on April 8, 2022. The dividend will be paid on April 15, 2022. Assaf Ran, Chairman of the Board and CEO, stated,...read more
Great Neck, N.Y. December 21, 2021 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on November 9, 2021, a cash dividend of $0.125 per share will be paid to all shareholders of record on December 31, 2021. The dividend will be paid on January 18, 2022....read more
Great Neck, N.Y. November 9, 2021 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.125 per share to be paid to all shareholders of record on December 31, 2021. The dividend will be paid on January 18, 2022. ...read more
Great Neck, NY October 20, 2021 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its net income for the three months ended September 30, 2021 was approximately $1,110,000, or $0.10 per basic and diluted share (based on approximately 11.3 million weighted-average outstanding common shares), as compared to approximately $1,151,000, or...read more
Great Neck, N.Y. September 24, 2021 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on July 29, 2021, a cash dividend of $0.125 per share will be paid to all shareholders of record on October 8, 2021. The dividend will be paid on October 15, 2021....read more
Great Neck, N.Y. July 29, 2021 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.125 per share to be paid to all shareholders of record on October 8, 2021. The dividend will be paid on October 15, 2021. ...read more
Great Neck, NY July 23, 2021 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its total revenues for the three months ended June 30, 2021 were approximately $1,713,000 compared to approximately $1,741,000 for the three months ended June 30, 2020, a decrease of $28,000, or 1.6%. The decrease in revenues was primarily attributable to lower...read more
GREAT NECK, NY, July 9, 2021 – Manhattan Bridge Capital, Inc. (NasdaqCM: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced the closing of its previously announced underwritten public offering of...read more
GREAT NECK, NY, July 7, 2021 – – Manhattan Bridge Capital, Inc. (NasdaqCM: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced the pricing of its previously announced underwritten public...read more
GREAT NECK, NY, July 6, 2021 – – Manhattan Bridge Capital, Inc. (NasdaqCM: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, announced today that it is proposing to offer its common shares, par value $0.001...read more
Great Neck, N.Y. June 22, 2021 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on April 15, 2021, a cash dividend of $0.125 per share will be paid to all shareholders of record on July 9, 2021. The dividend will be paid on July 15, 2021....read more
Great Neck, N.Y. April 15, 2021 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.125 per share to be paid to all shareholders of record on July 9, 2021. The dividend will be paid on July 15, 2021....read more
Great Neck, NY April 14, 2021 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that net income for the three months ended March 31, 2021 was approximately $1,106,000, or $0.12 per basic and diluted share (based on approximately 9.6 million weighted-average outstanding common shares), versus approximately $1,016,000, or $0.11 per basic and diluted share...read more
Great Neck, N.Y. March 31, 2021 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on February 8, 2021, a cash dividend of $0.11 per share will be paid to all shareholders of record on April 9, 2021. The dividend will be paid on April 15, 2021....read more
Great Neck, N.Y. March 11, 2021 / GLOBE Newswire –Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that net income for the year ended December 31, 2020 was approximately $4,229,000, or $0.44 per share (based on approximately 9.6 million weighted-average outstanding common shares), versus approximately $4,495,000, or $0.47 per share (based on approximately 9.7 million...read more
Great Neck, N.Y. February 8, 2021 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.11 per share to be paid to all shareholders of record on April 9, 2021. The dividend will be paid on April 15, 2021....read more
Great Neck, N.Y. December 22, 2020 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on October 26, 2020, a cash dividend of $0.11 per share will be paid to all shareholders of record on December 31, 2020. The dividend will be paid on January 15, 2021....read more
Great Neck, N.Y. October 26, 2020 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.11 per share to be paid to all shareholders of record on December 31, 2020. The dividend will be paid on January 15, 2021. ...read more
Great Neck, NY October 20, 2020 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its net income for the three months ended September 30, 2020 was approximately $1,151,000, or $0.12 per basic and diluted share (based on approximately 9.6 million weighted-average outstanding common shares), as compared to approximately $1,150,000, or $0.12 per basic and...read more
Great Neck, N.Y. September 24, 2020 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on July 30, 2020, a cash dividend of $0.10 per share will be paid to all shareholders of record on October 9, 2020. The dividend will be paid on October 15, 2020. Assaf Ran, Chairman of the...read more
Great Neck, N.Y. July 30, 2020 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.10 per share to be paid to all shareholders of record on October 9, 2020. The dividend will be paid on October 15, 2020....read more
Great Neck, NY July 23, 2020 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its total revenues for the three months ended June 30, 2020 were approximately $1,741,000 compared to approximately $1,779,000 for the three months ended June 30, 2019, a decrease of $38,000, or 2.1%. The decrease in revenues was primarily attributable to lower...read more
Great Neck, N.Y. June 29, 2020 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on May 7, 2020, a cash dividend of $0.10 per share will be paid to all shareholders of record on July 10, 2020. The dividend will be paid on July 15, 2020. ...read more
Great Neck, N.Y. June 5, 2020 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced a change in the location of the Company’s Annual Meeting of Shareholders scheduled for Friday, June 19, 2020 at 9:00 a.m. local time. The meeting will now be held at the Company’s office located at 60 Cutter Mill Rd., Suite 205, Great Neck, NY 11021 on...read more
Great Neck, N.Y. May 7, 2020 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.10 per share to be paid to all shareholders of record on July 10, 2020. The dividend will be paid on July 15, 2020. Assaf Ran, Chairman of the Board and CEO, stated, “As we deal with the...read more
Great Neck, NY April 13, 2020 / GLOBE Newswire - Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that net income for the three months ended March 31, 2020 was approximately $1,016,000, or $0.11 per basic and diluted share (based on approximately 9.7 million weighted-average outstanding common shares), versus approximately $1,121,000, or $0.12 per basic and diluted share (based...read more
Great Neck, N.Y. March 30, 2020 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on February 7, 2020, a cash dividend of $0.11 per share will be paid to all shareholders of record on April 10, 2020. The dividend will be paid on April 15, 2020....read more
Great Neck, N.Y. March 17, 2020 / GLOBE Newswire – Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that net income for the year ended December 31, 2019 was approximately $4,495,000, or $0.47 per share (based on approximately 9.7 million weighted-average outstanding common shares), versus approximately $4,204,000, or $0.48 per share (based on approximately...read more
Great Neck, NY February 27, 2020 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced that its Board of Directors has authorized a common stock repurchase plan allowing the buyback of up to 100,000 common shares in market or off-market transactions at prevailing prices over the next twelve months. The manner, timing and number of shares purchased will be at the...read more
Great Neck, N.Y. February 7, 2020 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.11 per share to be paid to all shareholders of record on April 10, 2020. The dividend will be paid on April 15, 2020. Assaf Ran, Chairman of the Board and CEO, stated, “We are operating...read more
Great Neck, N.Y. December 19, 2019 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on October 23, 2019, a cash dividend of $0.12 per share will be paid to all shareholders of record on December 31, 2019. The dividend will be paid on January 15, 2020. ...read more
Great Neck, N.Y. October 23, 2019 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.12 per share to be paid to all shareholders of record on December 31, 2019. The dividend will be paid on January 15, 2020. ...read more
Great Neck, N.Y. October 21, 2019 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that total revenue for the three month period ended September 30, 2019 was approximately $1,917,000 compared to approximately $1,891,000 for the three month period ended September 30, 2018, an increase of $26,000, or 1.4%. The increase in revenue is the result of an increase...read more
Great Neck, N.Y. September 26, 2019 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on July 30, 2019, a cash dividend of $0.12 per share will be paid to all shareholders of record on October 10, 2019. The dividend will be paid on October 15, 2019. ...read more
Great Neck, N.Y. July 30, 2019 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has authorized a quarterly dividend of $0.12 per share to be paid to all shareholders of record on October 10, 2019. The dividend will be paid on October 15, 2019. ...read more
Great Neck, NY July 26, 2019 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its total revenue for the three months ended June 30, 2019 was approximately $1,779,000 compared to approximately $1,668,000 for the three months ended June 30, 2018, an increase of $111,000, or 6.7%. For the three months ended June 30, 2019, approximately $1,487,000 of...read more
Great Neck, N.Y. June 27, 2019 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on April 29, 2019, a cash dividend of $0.12 per share will be paid to all shareholders of record on July 10, 2019. The dividend will be paid on July 15, 2019....read more
Great Neck, N.Y. May 17, 2019 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) On May 16, 2019, the Board of Directors of Manhattan Bridge Capital, Inc. authorized its management to take all necessary actions to permit the Company to explore expanding its lending operations in the States of Florida, New Jersey and Connecticut. Assaf Ran, Chairman of the Board and CEO,...read more
Great Neck, N.Y. April 29, 2019 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has authorized a quarterly dividend of $0.12 per share to be paid to all shareholders of record on July 10, 2019. The dividend will be paid on July 15, 2019. ...read more
Great Neck, NY April 15, 2019 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that net income for the three months ended March 31, 2019 was approximately $1,121,000, or $0.12 per basic and diluted share (based on approximately 9.7 million weighted-average outstanding common shares), versus approximately $981,000, or $0.12 per basic and diluted share (based...read more
Great Neck, N.Y. March 27, 2019 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on February 6, 2019, a cash dividend of $0.12 per share will be paid to all shareholders of record on April 10, 2019. The dividend will be paid on April 15, 2019. ...read more
Great Neck, N.Y. March 18, 2019 / GLOBE Newswire – Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that net income for the year ended December 31, 2018 was approximately $4,204,000, or $0.48 per share (based on approximately 8.8 million weighted-average outstanding common shares), versus approximately $3,439,000, or $0.42 per share (based on approximately 8.1 million...read more
Great Neck, N.Y. February 6, 2019 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has authorized a quarterly dividend of $0.12 per share to be paid to all shareholders of record on April 10, 2019. The dividend will be paid on April 15, 2019. ...read more
Great Neck, N.Y. December 20, 2018 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on October 22, 2018, a cash dividend of $0.12 per share will be paid to all shareholders of record on December 31, 2018. The dividend will be paid on January 15, 2019. ...read more
Great Neck, NY November 1, 2018 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced that its Board of Directors has authorized a common stock repurchase plan allowing the buyback of up to 100,000 common shares in market or off-market transactions at prevailing prices over the next twelve months. The manner, timing and number of shares purchased will be at...read more
Great Neck, N.Y. October 22, 2018 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.12 per share to be paid to all shareholders of record on December 31, 2018. The dividend will be paid on January 15, 2019. ...read more
Great Neck, N.Y. October 18, 2018 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that total revenue for the three month period ended September 30, 2018 was approximately $1,891,000 compared to approximately $1,591,000 for the three month period ended September 30, 2017, an increase of $300,000,...read more
Great Neck, N.Y. September 27, 2018 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on July 27, 2018, a cash dividend of $0.12 per share will be paid to all shareholders of record on October 10, 2018. The dividend will be paid on October 15, 2018....read more
GREAT NECK, NY, August 1, 2018 – – Manhattan Bridge Capital, Inc. (NasdaqCM: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, announced today that the underwriter of its previously announced...read more
Great Neck, N.Y. July 30, 2018 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on July 27, 2018, a cash dividend of $0.12 per share will be paid to all shareholders of record on October 10, 2018. The dividend will be paid on October 15, 2018....read more
Great Neck, NY July 27, 2018 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its total revenue for the three months ended June 30, 2018 was approximately $1,668,000 compared to approximately $1,401,000 for the three months ended June 30, 2017, an increase of $267,000, or 19.1%. For the three months ended June...read more
GREAT NECK, NY, July 24, 2018 – – Manhattan Bridge Capital, Inc. (NasdaqCM: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, announced today the closing of its previously announced underwritten public...read more
GREAT NECK, NY, July 20, 2018 – – Manhattan Bridge Capital, Inc. (NasdaqCM: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, announced today the pricing of its previously announced...read more
GREAT NECK, NY, July 19, 2018 – – Manhattan Bridge Capital, Inc. (NasdaqCM: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, announced today that it is proposing to offer its common shares...read more
Great Neck, N.Y. June 28, 2018 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced today that, in accordance with the board approved dividend declared on April 18, 2018, a cash dividend of $0.12 per share will be paid to all shareholders of record on July 10, 2018.The dividend will be paid on July 16, 2018. ...read more
Great Neck, N.Y. April 19, 2018 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on April 18, 2018, a cash dividend of $0.12 per share will be paid to all shareholders of record on July 10, 2018. The dividend will be paid on July 16, 2018....read more
Great Neck, NY April 16, 2018 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced today that total revenue for the three month period ended March 31, 2018 was approximately $1,664,000compared to approximately $1,330,000 for the three month period ended March 31, 2017, an increase of $334,000, or 25.1%. The increase in revenue...read more
Great Neck, N.Y. March 27, 2018 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced today that, in accordance with the board approved dividend declared on February 6, 2018, a cash dividend of $0.12 per share will be paid to all shareholders of record on April 10, 2018. The dividend will be paid on April 16, 2018. ...read more
Great Neck, N.Y. March 19, 2018 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that net income for the year ended December 31, 2017 was approximately $3,439,000, or $0.42 per share (based on approximately 8.1 million weighted-average outstanding common shares), versus approximately $2,837,000, or $0.37 per share (based on...read more
Great Neck, N.Y. February 6, 2018 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has authorized a quarterly dividend of $0.12 per share to be paid to all shareholders of record on April 10, 2018. The dividend will be paid on April 16, 2018....read more
Great Neck, N.Y. December 19, 2017 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced today that, in accordance with the board approved dividend declared on October 23, 2017, a cash dividend of $0.11 per share will be paid to all shareholders of record on December 29, 2017. The dividend will be paid on January 15, 2018. ...read more
Great Neck, N.Y. October 23, 2017 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has authorized a quarterly dividend of $0.11 per share to be paid to all shareholders of record on December 29, 2017. The dividend will be paid on January 15, 2018....read more
Long Island, N.Y. October 19, 2017 / Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that total revenue for the three month period ended September 30, 2017 was approximately $1,591,000 compared to approximately $1,169,000 for the three month period ended September 30, 2016, an increase of $422,000, or 36.1%. The increase in revenue represents an...read more
Great Neck, N.Y. October 2, 2017 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced today that, in accordance with the board approved dividend declared on August 2, 2017, a cash dividend of $0.1025 per share will be paid to all shareholders of record on October 10, 2017. The dividend will be paid on October 16, 2017. ...read more
Great Neck, N.Y. August 2, 2017 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has authorized a quarterly dividend of $0.1025 per share to be paid to all shareholders of record on October 10, 2017. The dividend will be paid on October 16, 2017. ...read more
LONG ISLAND, N.Y. July 27, 2017 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its total revenue for the three month period ended June 30, 2017 was approximately $1,401,000 compared to approximately $1,166,000 for the three month period ended June 30, 2016, an increase of $235,000, or 20.2%. For the three month...read more
Great Neck, N.Y. June 29, 2017 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced today that, in accordance with the board approved dividend declared on May 2, 2017, a cash dividend of $0.1025 per share will be paid to all shareholders of record on July 10, 2017. The dividend will be paid on July 17, 2017....read more
Great Neck, N.Y. May 2, 2017 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has authorized a quarterly dividend of $0.1025 per share to be paid to all shareholders of record on July 10, 2017. The dividend will be paid on July 17, 2017. ...read more
Great Neck, NY April 25, 2017 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced today that total revenue for the three month period ended March 31, 2017 was approximately $1,330,000 compared to approximately $1,105,000 for the three month period ended March 31, 2016, an increase of $225,000, or 20.4%. The increase in revenue...read more
Great Neck, N.Y. March 31, 2017 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced today that, in accordance with the board approved dividend declared on February 14, 2017, a cash dividend of $0.10 per share will be paid to all shareholders of record on April 10, 2017. The dividend will be paid on April 17, 2017...read more
LONG ISLAND, N.Y. March 15, 2017 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that net income for the year ended December 31, 2016 was approximately $2,837,000, or $0.37 per share (based on approximately 7.6 million weighted-average outstanding common shares), versus approximately $2,238,000, or...read more
Great Neck, N.Y. March 14, 2017 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced that its Board of Directors has authorized a common stock repurchase allowing the buyback of up to 100,000 common shares in market or off-market transactions at prevailing prices over the next twelve months. The manner, timing and number of shares...read more
Great Neck, N.Y. February 14, 2017 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has authorized a quarterly dividend of $0.10 per share to be paid to all shareholders of record on April 10, 2017. The dividend will be paid on April 17, 2017. ...read more
Great Neck, N.Y. December 21, 2016 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on October 31, 2016, a cash dividend of $0.10 per share will be paid to all shareholders of record on December 30, 2016. The dividend will be paid on January 17, 2017. ...read more
Great Neck, N.Y. November 1, 2016 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has authorized a quarterly dividend of $0.10 per share to be paid to all shareholders of record on December 30, 2016. The dividend will be paid on January 17, 2017....read more
Long Island, N.Y. October 26, 2016 / Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that total revenue for the three month period ended September 30, 2016 was approximately $1,169,000 compared to approximately $1,032,000 for the three month period ended September 30, 2015, an increase of $137,000, or 13.3%. The increase in revenue represents an...read more
Long Island, N.Y. October 3, 2016 -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced today that, in accordance with the board approved dividend declared on August 1, 2016, a cash dividend of $0.10 per share will be paid to all shareholders of record on October 11, 2016 with pay date on October 17, 2016. ...read more
Great Neck, NY, August 31, 2016 – Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) , a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced that, on August 29, 2016, Aegis Capital Corp., the sole underwriter of...read more
Great Neck, NY, August 15, 2016 – Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) , a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced the closing of its previously announced public offering of 672,269 common...read more
Great Neck, NY, August 9, 2016 –Manhattan Bridge Capital, Inc. (NASDAQ: LOAN), a real estate finance company specializing in originating, funding, servicing a managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced the pricing of anunderwritten public offering of 672,269common shares, par value $0.001 per...read more
Great Neck, NY, August 9, 2016 –Manhattan Bridge Capital, Inc. (NASDAQ: LOAN), a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced that it intends to offer for sale its common shares in an underwritten public offering. The company...read more
Great Neck, N.Y. August 1, 2016 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors had approved a $0.10 per share quarterly dividend to be paid to all shareholders of record on October 11, 2016 with pay date on October 17, 2016. ...read more
LONG ISLAND, N.Y. July 28, 2016 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that its total revenue for the three month period ended June 30, 2016 was approximately $1,166,000 compared to approximately $912,000 for the three month period ended June 30, 2015, an increase of $254,000, or 27.9%. For...read more
Long Island, N.Y. July 1, 2016 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced today that, in accordance with the board approved dividend declared on May 2, 2016, a cash dividend of $0.09 per share will be paid to all shareholders of record on July 8, 2016 with pay date on July 15, 2016. ...read more
Great Neck, N.Y. May 2, 2016 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors had approved a $0.09 per share quarterly dividend to be paid to all shareholders of record on July 8, 2016 with pay date on July 15, 2016....read more
Great Neck, N.Y. May 2, 2016 / GLOBE Newswire Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced today that net income for the three month period ended March 31, 2016 was approximately $695,000 or $0.10 per share, versus approximately $476,000 or $0.08 per share for the three month period ended March 31, 2015, an increase in net income of...read more
Great Neck, N.Y. April 25, 2016 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN),a “hard money” lender specializing in short-term loans secured by real estate, today announced the closing of its previously announced public offering of $6,000,000 aggregate principal amount of 6% senior secured notes due April 22, 2016 by its wholly-owned...read more
Great Neck, NY, APRIL 15, 2016 – Manhattan Bridge Capital Inc. (NASDAQ: LOAN) (“LOAN” or “the Company”), MBC Funding II Corp (NYSE: LOAN/26) (“Funding”), a real estate lender specializing in short-term, “hard money” real estate loans, today announced the pricing of an underwritten public offering by its...read more
Long Island, N.Y. April 1, 2016 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on February 11, 2016, a cash dividend of $0.085 per share will be paid to all shareholders of record on April 8, 2016 with pay date on April 15, 2016. ...read more
LONG ISLAND, N.Y. March 8, 2016 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that net income for the year ended December 31, 2015 was approximately $2,238,000, or $0.33 per share, versus approximately $1,455,000, or $0.29 per share for the year ended December 31, 2014. This increase in net income...read more
Long Island, N.Y. February 12, 2016 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors had approved a $0.085 per share quarterly dividend to be paid to all shareholders of record on April 8, 2016 with pay date on April 15, 2016. ...read more
Long Island, N.Y. December 21, 2015 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that in accordance with the board approved dividend declared November 2, 2015,a cash dividend of $0.085 per share will be paid to all shareholders of record on December 31, 2015 with pay date on January 15, 2016. ...read more
Long Island, N.Y. November 2, 2015 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors had approved an increased $0.085 per share quarterly dividend to be paid to all shareholders of record on December 31, 2015 with pay date on January 15, 2016. ...read more
Long Island, N.Y. October 29, 2015 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that total revenues for the three month period ended September 30, 2015 were approximately $1,032,000 compared to approximately $766,000 for the three month period ended September 30, 2014, an increase of $266,000, or...read more
Long Island, N.Y. October 1, 2015 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that in accordance with the board approved dividend declared August 3, 2015, a cash dividend of $0.08 per share will be paid to all shareholders of record on October 9, 2015 with pay date on October 15, 2015. ...read more
Long Island, N.Y. August 26, 2015 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced that its Board of Directors has authorized a common stock repurchase allowing the buyback of up to 150,000 common shares in market or off-market transactions at prevailing prices over the next twelve months. The manner, timing and number of shares purchased...read more
Long Island, N.Y. August 3, 2015 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors had approved a $0.08 per share quarterly dividend to be paid to all shareholders of record on October 9, 2015 with pay date on October 15, 2015. ...read more
LONG ISLAND, N.Y. July 31, 2015 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that its total revenue for the three month period ended June 30, 2015 was approximately $912,000 compared to approximately $630,000 for the three month period ended June 30, 2014, an increase of $282,000, or 44.8%. For...read more
Long Island, N.Y. July 6 2015 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that in accordance with the board approved dividend declared May 5, 2015, a cash dividend of $0.08 per share will be paid to all shareholders of record on July 10, 2015 with pay date on July 15, 2015....read more
Great Neck, N.Y. June 24, 2015 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN), a “hard money” lender specializing in short-term loans secured by real estate, today announced that, on June 19, 2015, Aegis Capital Corp., the sole underwriter of its previously announced public offering of 1,015,000 common shares at a price to the public...read more
Great Neck, N.Y. May 29, 2015 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN), a “hard money” lender specializing in short-term loans secured by real estate, today announced the closing of its previously announced public offering of 1,015,000 common shares at a price to the public of $4.39 per share. Gross proceeds to Manhattan Bridge...read more
Great Neck, NY, May 22, 2015 – Manhattan Bridge Capital Inc. (NASDAQ: LOAN) (“the Company”), a real estate lender specializing in short-term, “hard money” real estate loans, today announced the pricing of an underwritten public offering of 1,015,000 common shares, par value $0.001 per share, at a price to the...read more
Long Island, N.Y. May 5, 2015 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors had approved a $0.08 per share quarterly dividend to be paid to all shareholders of record on July 10, 2015 with pay date on July 15, 2015. ...read more
LONG ISLAND, N.Y. May 1, 2015 / GLOBE Newswire Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that total revenues for the three month period ended March 31, 2015 were approximately $912,000 compared to approximately $609,000 for the three month period ended March 31, 2014, an increase of $303,000 or 49.8%. The increase in revenue represents an...read more
LONG ISLAND, N.Y. March 23, 2015 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that net income for the year ended December 31, 2014 was $0.29 per share or approximately $1,455,000, versus $0.14 per share, or approximately $583,000 for the year ended December 31, 2013. This increase in net income...read more
Long Island, N.Y. March 18, 2015 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors had increased to $0.08 per share its previously declared $0.07 first quarter dividend. The dividend will be paid on April 15, 2015 to shareholders of record on April 10, 2015....read more
Long Island, N.Y. March 2, 2015 / GLOBE Newswire Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that it has entered into a Line of Credit Agreement with Webster Business Credit Corporation pursuant to which the lender has agreed to advance up to $14 million at an interest rate of either LIBOR plus 4.75% or Prime plus $3.25%...read more
Long Island, N.Y. December 17, 2014 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that its board of directors declared a $0.08 quarterly dividend instead of the $0.07 quarterly dividend that was previously declared. The dividend will be paid to all shareholders of record on January 10, 2015 with pay...read more
Long Island, N.Y. October 30, 2014 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that total revenues for the three month period ended September 30, 2014 were approximately $766,000 compared to approximately $585,000 for the three month period ended September 30, 2013, an increase of...read more
Great Neck, N.Y. October 27, 2014 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN), a “hard money” lender specializing in short-term loans secured by real estate, today announced that it will release its unaudited financial results for the three-months and nine-months ended September 30, 2014, on Thursday, October 30, 2014,...read more
Great Neck, N.Y. -- (GLOBE Newswire – October 7, 2014) - Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) ("Manhattan Bridge Capital" or the "Company"), a “hard money” lender specializing in short-term loans secured by real estate, today announced its participation in the upcoming Institutional Investor Best Ideas Conference...read more
Long Island, N.Y. October 1, 2014 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that in accordance with the dividend program that was announced on June 9, 2014, a cash dividend of $0.07 per share will be paid to all shareholders of record on October 10, 2014 with pay date on October 15, 2014. ...read more
Summary The company's CEO believes the shares are substantially undervalued. It pays out most of its earnings to shareholders as a REIT. Current yield is 10%. Long-time readers of this site will recognize Manhattan Bridge Capital (NASDAQ:LOAN) as a name that has been brought up here many times. This first-lien (up to 65% of...read more
Great Neck, N.Y. -- (GLOBE Newswire – September 8, 2014) - Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) ("Manhattan Bridge Capital" or the "Company"), a “hard money” lender specializing in short-term loans secured by real estate, today announced that it has engaged both American Capital Ventures ("ACV"), a boutique provider of...read more
LONG ISLAND, N.Y. August 13, 2014 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that its total revenue for the three month period ended June 30, 2014 was approximately $630,000 compared to approximately $554,000 for the three month period ended June 30, 2013, an increase of $76,000 or 13.7%. For...read more
Great Neck, N.Y. August 8, 2014 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN), a “hard money” lender specializing in short-term loans secured by real estate, today announced that it will release its unaudited financial results for the three-months and six-months ended June 30, 2014, on Wednesday, August 13, 2014, before...read more
Great Neck, N.Y. July 31, 2014 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN), a “hard money” lender specializing in short-term loans secured by real estate, today announced the closing of its previously announced public offering of 1,754,386 common shares at a price to the public of $2.85 per share. Gross proceeds raised by...read more
Great Neck, NY, July 28, 2014–Manhattan Bridge Capital Inc. (NASDAQ: LOAN), a real estate lender specializing in short-term, “hard money” real estate loans, today announced the pricing of an underwritten public offering of 1,754,386 common shares, par value $0.001 per share, at a price to the public of $2.85 per share. The...read more
Long Island, N.Y. June 30, 2014 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that in accordance with the dividend program that was announced on June 9, 2014, a cash dividend of $0.07 per share will be paid to all shareholders of record on July 10, 2014 with pay date on July 15, 2014. ...read more
Long Island, N.Y. June 9, 2014 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that it had increased its annual dividend to $0.28 per common share, payable in four equal quarterly instalments on July 15, 2014, October 15, 2014, January 15, 2015 and April 15, 2015 to shareholders of record on July 10,...read more
LONG ISLAND, N.Y. May 1, 2014 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN)Total revenues for the three month period ended March 31, 2014 were approximately $609,000 compared to approximately $534,000 for the three month period ended March 31, 2013, an increase of $75,000 or 14%. The increase in revenue represents an increase in lending operations....read more
Long Island, N.Y. May 1, 2014 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that in accordance with the dividend program that was announced on February 4, 2014, a cash dividend of $0.02 per share will be paid to all shareholders of record on May 15, 2014 with pay date on May 20, 2014. This...read more
LONG ISLAND, N.Y. March 24, 2014 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that net income for the year ended December 31, 2013 was $0.14 per basic share and per diluted share (based on 4.269 million shares and 4.290 million shares, respectively), or approximately $583,000, versus $0.09 per basic share and...read more
Long Island, N.Y. February 4, 2014 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) 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...read more
Long Island, N.Y. February 3, 2014 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that in accordance with the dividend program that was announced on May 2, 2013, a cash dividend of $0.01 per share will be paid to all shareholders of record on February 14, 2014 with pay date on February 20, 2014. This report...read more
Long Island, N.Y. December 16, 2013 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that its Revolving Line of Credit with Sterling National Bank has been increased to up to $7 million, $2 million more than the previous limit. The terms of the increased line are similar to the terms of the original...read more
Long Island, N.Y. November 1, 2013 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that in accordance with the dividend program that was announced on May 2, 2013, a cash dividend of $0.01 per share will be paid to all shareholders of record on November 15, 2013 with pay date on November 20,...read more
Long Island, N.Y. October 30, 2013 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that total revenues for the three month period ended September 30, 2013 were approximately $585,000 compared to approximately $491,000 for the three month period ended September 30, 2012, an increase of $94,000 or...read more
Long Island, N.Y. August 2, 2013 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that in accordance with the dividend program that was announced on May 2, 2013, a cash dividend of $0.01 per share will be paid to all shareholders of record on August 15, 2013 with pay date on August 20, 2013. This...read more
LONG ISLAND, N.Y. July 31, 2013 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that its total revenue for the three month period ended June 30, 2013 was approximately $554,000 compared to approximately $415,000 for the three month period ended June 30, 2012, an increase of $139,000 or 33.5%. For the...read more
LONG ISLAND, N.Y. May 3, 2013 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Total revenues for the three month period ended March 31, 2013 were approximately $534,000 compared to approximately $392,000 for the three month period ended March 31, 2012, an increase of $142,000 or 36.2%. The increase in revenue represents an increase in lending...read more
Long Island, N.Y. May 2, 2013 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that it would pay a $0.01 per share dividend to shareholders of record on May 15, 2013, August 15, 2013, November 15, 2013 and February 14, 2014 with pay dates on May 20, 2013, August 20, 2013, November 20, 2013 and February...read more
NEW YORK, N.Y. April 3, 2013 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN), (the “Company”) announced today that the Stipulation and Agreement of Settlement of an action brought by Alan R. Kahn, derivatively on behalf of the Company against the directors of the Company and the Company, as a nominal defendant, was approved on April 2,...read more
NEW YORK, N.Y. March 22, 2013 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that total revenue for the year ended December 31, 2012 was $1,816,000 compared to $1,400,000 for the year ended December 31, 2011, an increase of $416,000 or 29.7%. The increase in revenue represents an increase in...read more
NEW YORK, N.Y. February 15, 2013 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN),(the “Company”) announced today it had entered into Stipulation and Agreement of Settlement of an action brought by Alan R. Kahn, derivatively on behalf of the Company against the directors of the Company and the Company, as a nominal defendant. The...read more
Long Island, N.Y. February 4, 2013 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that its Revolving Line of Credit with Sterling National Bank was increased to up to $5 million, $1.5 million more than the previous limit. The terms of the increased line are similar to the terms of the original line...read more
NEW YORK, N.Y. November 13, 2012 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN),(the “Company”) announced today that the Company received a letter from the NASDAQ on November 13, 2012 that it has regained full compliance with NASDAQ Marketplace Rule 5550(a)(2), NASDAQ’s minimum stock bid price requirements to remain listed on the NASDAQ...read more
NEW YORK, N.Y. October 29, 2012 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that total revenues for the three month period ended September 30, 2012 were approximately $491,000 compared to approximately $351,000 for the three month period ended September 30, 2011, an increase of $140,000 or 39.9%. The...read more
NEW YORK, September 19, 2012 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news) announced that its Board of Directors has authorized a common stock repurchase allowing the buyback of up to 100,000 common shares in market or off-market transactions at prevailing prices over the next twelve months. The manner, timing and number of shares purchased will be at the...read more
LONG ISLAND, N.Y. August 6, 2012 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that its total revenue for the three month period ended June 30, 2012 was approximately $415,000 compared to approximately $342,000 for the three month period ended June 30, 2011, an increase of $73,000 or 21.3%. For the three...read more
LONG ISLAND, August 6, 2012 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news) Manhattan Bridge Capital, Inc. announced today it has received from the NASDAQ Stock Market ("Nasdaq") a 180 days’ notice of delisting for failure to maintain a minimum $1.00 closing bid price per share for the Company's common stock for the last...read more
LONG ISLAND, N.Y. May 8, 2012 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that total revenues for the three month period ended March 31, 2012 were approximately $392,000 compared to approximately $339,000 for the three month period ended March 31, 2011, an increase of $53,000 or 15.6%. The increase...read more
Long Island, N.Y. May 7, 2012 / GLOBE Newswire -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that it had entered into a Line of Credit Agreement with Sterling National Bank pursuant to which the Bank has agreed to advance up to $3.5 million against assignments of mortgages and other collateral. Assaf Ran, Chairman...read more
NEW YORK, N.Y. March 23, 2012 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) On March 21, 2012, SeekingAlpha.com opined that the interest rate paid by Manhattan Bridge Capital to its CEO, is too high. SeekingAlpha voices this opinion even though the total interest paid in 2011 was only...read more
NEW YORK, N.Y. March 21, 2012 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that total revenue for the year ended December 31, 2011 was $1,400,000 compared to $1,210,000 for the year ended December 31, 2010, an increase of $190,000 or 15.7%. The increase in revenue represents an increase in lending...read more
NEW YORK, N.Y. November 14, 2011 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that total revenues for the three month period ended September 30, 2011 were approximately $351,000 compared to approximately $306,000 for the three month period ended September 30, 2010, an increase of $45,000 or 14.7%. The...read more
NEW YORK, N.Y. October 13, 2011 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) In the past two months, Manhattan Bridge Capital, Inc. has experienced an unusually high rate of loan returns. Though research and analysis we learned that our customers find it is easier to sell their investment properties since their customers are being readily approved for...read more
NEW YORK, N.Y. August 10, 2011 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that its total revenue for the three month period ended June 30, 2011 was approximately $342,000 compared to approximately $315,000 for the three month period ended June 30, 2010, an increase of 9%. For the three month period...read more
NEW YORK, N.Y. August 9, 2011 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc., to facilitate access to the section of its recently mailed Proxy Material for the Annual Meeting of Stockholders to be held on September 9, 2011, today reissued the following section of that material detailing the reason for and the...read more
NEW YORK, N.Y. June 30, 2011 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that Vanessa Kao, has been elected CFO to replace Inbar Evron-Yogev who resigned today from all of her positions with the Company to pursue other career opportunities. Manhattan Bridge Capital, Inc., offers...read more
NEW YORK, N.Y. May 12, 2011 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that total revenues for the three month period ended March 31, 2011 were approximately $339,000 compared to approximately $291,000 for the three month period ended March 31, 2010 an increase of $48,000 or...read more
NEW YORK, N.Y. December 29, 2010/ PRIME Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN- news) Manhattan Bridge Capital Inc. (NASDAQ: LOAN), announced today that it had closed a $500,000 private placement offering to accredited investors of three-year 6 5/8% per annum secured notes, to be held to maturity. The offering was managed by Paulson...read more
NEW YORK, N.Y. March 16, 2011 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that total revenues for the year ended December 31, 2010 were approximately $1,210,000 compared to approximately $1,039,000 for the year ended December 31, 2009, an increase of $171,000 or 16.4%. The increase in revenue...read more
NEW YORK, N.Y. October 27, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that total revenues for the three month period ended September 30, 2010 were approximately $306,000 compared to approximately $289,000 for the three month period ended September 30, 2009, an increase of $17,000 or...read more
NEW YORK, N.Y. August 3, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that total revenue for the three month period ended June 30, 2010 was approximately $315,000 compared to approximately $250,000 for the three month period ended June 30, 2009 an increase of 26%. For the three month period...read more
NEW YORK, N.Y. February 18, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN), today announced that it has been named “Company of the Month” by the Bowser Report in the February 2010 edition. The Bowser Report is a monthly subscription-based newsletter which highlights small-cap stocks trading on the NYSE, NASDAQ and AMEX at $3.00 per share or...read more
NEW YORK, N.Y. July 12, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) (“Manhattan Bridge Capital” or the “Company”), today announces that it had engaged Avalon Group, Ltd., a New York City based investment banking firm, as a financial advisor to explore strategic initiatives including capital formation, business development and...read more
NEW YORK, N.Y. May 18, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN), provides short term, secured, non-banking, commercial loans to small businesses, announced today that on May 12, 2010, it was featured on SeekingAlpha.com. The article headlined “Manhattan Bridge Capital: An Actual Ben Graham Value Stock” by Hester. The...read more
NEW YORK, N.Y. May 6, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc. announced today that total revenues for the three month period ended March 31, 2010 were approximately $291,000 compared to approximately $232,000 for the three month period ended March 31, 2009 an increase of $59,000...read more
NEW YORK, N.Y. March 17, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) Manhattan Bridge Capital, Inc., announced today that total revenue for the year ended December 31, 2009 was $1,039,000 from interest and fees on loans compared to $758,000 for the year ended December 31, 2008, an increase of $281,000 or 37.1%. The increase in revenue represents...read more
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NEW YORK, N.Y. February 5, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN), today announced that on January 15, 2010, it was featured on BarelKarsan.com. The article headlined “Bridging The Value Gap” by Saj Karsan. The article identifies Manhattan Bridge Capital as a potentially undervalued company. The...read more
NEW YORK, N.Y. November 2, 2009 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN),(the “Company”) announced today that total revenue for the three month period ended September 30, 2009 was approximately $289,000 compared to approximately $200,000 for the same period in 2008, an increase of $89,000 or 44.5%. For the three month period ended...read more
NEW YORK, N.Y. October 29, 2009 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN),(the “Company”) announced today that the Company received a letter from the NASDAQ on October 28, 2009 that it has regained full compliance with NASDAQ Marketplace Rule 5550(a)(2), NASDAQ’s minimum stock bid price requirements to remain listed on the NASDAQ Stock...read more
NEW YORK, October 26, 2009 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news) announced that its Board of Directors has authorized a common stock repurchase allowing the buyback of up to 100,000 common shares in market or off-market transactions at prevailing prices over the next...read more
NEW YORK, September 18, 2009 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news) Manhattan Bridge Capital, Inc. announced today it has received a notice from the NASDAQ Stock Market ("Nasdaq") that since the closing bid price per share for the Company's common stock for the last 30 consecutive business days has been below the $1.00...read more
NEW YORK, August 3, 2009 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news) Manhattan Bridge Capital, Inc. announced today that total revenue for the three month period ended June 30, 2009 was approximately $250,000 compared to approximately $179,000 for the three month period ended June 30, 2008 an increase of $71,000 or 40%. For the three month period ended...read more
NEW YORK, June 24, 2009 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news) announced today that the company’s board of directors authorized management to increase the cash limit allocated to the lending business from $7 million to $14 million. “As we continue to maintain our growth pattern and conservative approach which allows us to...read more
NEW YORK, May 12, 2009 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news) Manhattan Bridge Capital, Inc. announced today that total revenues for the three month period ended March 31, 2009 were approximately $232,000 compared to approximately $165,000 for the three month period ended March 31, 2008 an increase of $67,000 or 41%. In 2009,...read more
NEW YORK, March 18, 2009 / GLOBAL Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN - news) Manhattan Bridge Capital, Inc., announced today that total revenue for the year ended December 31, 2008 was $758,000 compared to $221,000 for the year ended December 31, 2007, an increase of $537,000 or 243%. This increase in revenue represents an increase in lending...read more
NEW YORK, October 30, 2008 / PRIME Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news) Manhattan Bridge Capital, Inc. announced today that income from continuing operations for the three month period ended September 30, 2008 was $0.02 per basic and diluted share, versus loss from continuing operations of ($0.01) per basic and diluted share...read more
NEW YORK, September 25, 2008 / PRIME Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN),(the “Company”) today announced that on September 24, 2008, it received notice from NASDAQ that it has regained full compliance with Rule 4310(c)(4), NASDAQ’s minimum stock bid price requirements to remain listed on the NASDAQ Stock Market. Regaining...read more
NEW YORK, August 12, 2008 / PRIME Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news) and GreenHills Ventures Wealth Management Holding, LLC., a subsidiary of GreenHills Ventures, LLC. (“GreenHills”) announced today the entry into a letter of intent to form a strategic alliance. In the alliance the companies will share deal flow, create a...read more
NEW YORK, August 6, 2008 / PRIME Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news) Manhattan Bridge Capital, Inc. announced today that net income for the three month period ended June 30, 2008 was $0.02 per basic and diluted share, versus net loss of (0.11) per basic and diluted share for the three month period ended June...read more
NEW YORK, July 21, 2008 / PRIME NEWSWIRE/ -- DAG Media, Inc. (Nasdaq: DAGM - news) announced today that it will change its name to Manhattan Bridge Capital, Inc. and adopt the new NASDAQ trading symbol “LOAN” effective July 24, 2008. The Company’s main website will change from read more
NEW YORK, May 14, 2008 / PRIME NEWSWIRE/ -- DAG Media, Inc. (Nasdaq: DAGM - news) announced today that the company’s board of directors authorized management to increase the cash limit allocated to the lending business from $5 million to $7 million. “I am grateful for this decision to increase the cash limit to $7 million as we aim toward continued...read more
NEW YORK, May 13, 2008 / PRIME NEWSWIRE/ -- DAG Media, Inc. (Nasdaq: DAGM - news) announced that its Board of Directors has authorized a common stock repurchase allowing the Buyback of up to 150,000 Common Shares in market or off-market transactions at prevailing prices. over the next twelve months.The manner, timing and number of shares purchased will be at the...read more
NEW YORK, May 12, 2008 / PRIME Newswire / -- DAG Media Inc. (Nasdaq: DAGM - news) DAG Media, Inc. announced today that net income for the quarter ended March 31, 2008 was $0.04 per basic and diluted share (based on 3.236 million shares), or $139,741, versus net loss of (0.05) per basic and diluted share (based on 3.236 million shares)or ($156,065) for the period ended...read more
NEW YORK, April 18, 2008 / PRIME NEWSWIRE/ -- DAG Media, Inc. (Nasdaq: DAGM) announced today it has received a letter from the Nasdaq on April 16, 2008 indicating that it has a period of 180 days to rectify its compliance with nasdaq stock market continued listing standards as described below. On April 16, 2008, DAG Media, Inc. (the “Company”), received a letter from the NASDAQ...read more
NEW YORK, March 17, 2008/PRNewswire/ -- DAG Media Inc. (Nasdaq: DAGM - news) Dag Media, Inc., announced that net income per common share for the fourth quarter of 2007 was $319,317 or $0.10 per basic and diluted share (based on 3.236 million shares). This income includes an income tax benefit of approximately $183,000, which reflects a change...read more
DAG Media, Inc. announced today that net income per common share was $0.05 for the three month period ended September 30, 2007, versus basic and diluted net loss per common share of $(0.04) for the three month period ended September 30, 2006. The increase in net income is mainly due to income from its new short-term secured business lending operations through DAG Funding Solutions, Inc., (“Dag Funding”) a wholly owned subsidiary...read more
NEW YORK, August 10, 2007 / PRIME NEWSWIRE/ -- DAG Media, Inc. (Nasdaq: DAGM - news) DAG Media, Inc. announced today that net sales for the three month period ended June 30, 2007 were $47,000 versus net sales of $0 for the same period in 2006. This increase in net sales is mainly due to the sales made through DAG Media, Inc.’s subsidiary, Shopila, Inc.’s...read more
NEW YORK, June 11, 2007 (PRIME NEWSWIRE) -- DAG Media, Inc. (Nasdaq:DAGM) announced today the launch of a wholly owned subsidiary called DAG Funding Solutions, Inc. formed to carry out a new business initiative centered on money lending services to businesses. DAG Media, Inc. (Nasdaq:DAGM) announced today the launch...read more
NEW YORK, -- DAG Media Inc -- DAG Media, Inc. today announced that basic and diluted net loss per common share was $(0.05) in for the period ended March 31, 2007 versus basic and diluted net loss per common share of $(0.12) for the period ended March 31, 2006. Net sales for the period ended March 31, 2007 were $25,000 versus net sales of $0 for the period ended March 31, 2006. This increase in net sales is mainly due to $24,000 in sales made...read more
NEW YORK, -- DAG Media Inc -- Dag Media, Inc. announced today that basic and diluted net loss per common share was $(0.05) in fiscal year 2006 versus net loss per common share of $(0.16) in fiscal year 2005. Net sales from continuing operations for the year ending on December 31, 2006 were $232,000 versus net sales of $0 for the year ending on December 31, 2005. The increase in net sales is due to $212,000 in sales made through Shopila's...read more
NEW YORK, -- DAG Media Inc -- On October 11, 2006, we entered into a Stock Purchase Agreement with Mr. Guy Mushkat, the founder and Chief Executive Officer of Shopila Corporation, an e-commerce software developer and the operator of www.shopila.com. Pursuant to the terms of the Stock Agreement, we purchased 80% of the outstanding common shares of Shopila from Mr. Guy Mushkat, in consideration...read more
NEW YORK, -- DAG Media Inc., announced today that it had purchased 80% of the shares of Shopila Corporation ("Shopila") from Guy Mushkat for $100,000 in cash, 50,000 restricted shares of DAG Media's Common Stock and an option to purchase 50,000 shares of DAG Media's Common Stock under DAG Media's stock option plan to be vested in 3 equal consecutive annual installments. In addition, Mr. Guy Mushkat, the founder and CEO of...read more
Monday August 14, 4:00 pm ETPress Release Source: DAG Media, Inc. NEW YORK, -- DAG Media Inc., announced today that net income for the quarter ended June 30, 2006 was $445,000 versus net loss of $16,000 for the same period last year, the net income was attributable to the gain on the sale of the Directories business, as defined below amounting to $766,000. On February 6, 2006, DAG Media, Inc. (the "Company") entered into an...read more
KEW GARDENS, N.Y., June 19 /PRNewswire-FirstCall/ -- DAG Media, Inc. DAGM, through its subsidiary DAG Interactive, Inc. announced the launch of Next Yellow (http://www.nextyellow.com), an online solution where local businesses contact consumers in response to online product and service requests -- instead of consumers making the calls. Next Yellow hopes to ultimately replace the...read more
NEW YORK, May 15, 2006 /PRNewswire/ -- DAG Media Inc. (Nasdaq: DAGM - news) On February 6, 2006, DAG Media, Inc. (the “Company”) entered into an asset purchase agreement to sell the assets and liabilities of our two Jewish Directories, The Jewish Israeli Yellow Pages and The...read more
DAG Media, Inc. Prominently Featured NEW YORK, -- DAG Media, Inc.'s new venture NextYellow.com, a comprehensive online yellow pages that offers an innovative approach to the conventional online directory, was featured on Forbes.com. The article identifies Next Yellow as filling the void of what larger search engines...read more
NEW YORK, -- DAG Media, Inc., provider of innovative online yellow pages solution: www.nextyellow.com, reiterates today that its executives will discuss the company's plan for and the progress of Next Yellow as well as review the company's recent events and outlook for the future. The conference call is scheduled for Monday, April 24, 2006 at 11:00 am eastern time (EDT). Shareholders...read more
NEW YORK, April 17 -- Rewriting the book on how consumers use yellow pages, DAG Interactive, Inc., a subsidiary of DAG Media, Inc., has introduced, http://www.nextyellow.com a comprehensive online yellow pages solution that brings the services or products to consumers. Next Yellow breaks the current model of consumers suffering through the drudgery of making phone calls to...read more
NEW YORK, -- DAG Media Inc. announced today that advertising revenue for the year ended December 31, 2005 was $4,447,000 versus advertising revenue of $5,949,000 for fiscal year 2004, a decrease of $1,502,000 or 25.20%. Advertising revenues for the year ended December 31, 2004 included $461,000 of net recognized revenues resulting from the ninth and last edition of the sold New Yellow Manhattan Directory as well as one time graphics income of...read more
NEW YORK, -- DAG Media, Inc. announced today that, pending shareholder approval, it agrees to sell the assets and liabilities of its two Jewish directories, The Jewish Yellow Pages and The Jewish Master Guide (also known as the Kosher Yellow pages), to DAG -- Jewish Directories, Inc., a buying entity that was established by a group of sales agencies owners and a few employees of DAG Media, Inc. DAG Media hired a prominent investment banker to...read more
Innovator Announces the Formation of a Subsidiary and Execution of a Services Agreement With Ocean-7 Development, Inc. New York, --Dag Media announces today a formation of a subsidiary, DAG Interactive, Inc. ("DAG Interactive"), which will be held 80% by DAG media, Inc ("DAG Media"), and 20% by Ocean-7 Development, Inc ("Ocean-7"). The objective of DAG Interactive is to introduce DAG Media's unique and...read more
New York, -- DAG Media Inc., ("the Company") announced today a change in its Board of Directors. The Company announced today that Mr. Mark Alhadeff would replace Ms. Yael Shimor-Golan as a member on the Board of Directors. Mr. Mark Alhadeff is the president of Ocean 7, a prominent software development firm based in New York City. Mr. Alhadeff was also appointed as a director of DAG Interactive Inc., DAG Media's new subsidiary in...read more
October 28 2005 - New York- DAG Media Inc., announced today that net advertising revenue for the quarter ended September 30, 2005 was $1,444,000 versus advertising revenue of $1,987,000 for the same period last year, a decrease of $543,000 or 27.3%. The decrease in revenue was attributable to the decrease in revenue...read more
July 29 2005 - New York- DAG Media Inc., announced today that net advertising revenue for the quarter ended June 30, 2005 was $713,000 versus advertising revenue of $605,000 for the same period last year, an increase of $108,000 or 17.9%. The increase in revenues was attributable primarily to the increase in revenues...read more
NEW YORK, Jan. 7 /PRNewswire-FirstCall/ -- DAG Media Inc. (Nasdaq: DAGM - News) today announced the proposed sale of its classified directories business, consisting of the Jewish Israeli Yellow Pages and the Master or Kosher Guide. The sale would include applicable trademarks, tradenames and...read more