These three recommendations will pay a dividend in October
Dividends are a display of financial strength. They are also a good way to return value to shareholders. The Bowser Ratings System awards a point if a company has paid a dividend in the past twelve months. The Ratings System also awards a point if a company has not paid a dividend and cannot afford to pay a dividend. After all, that's just being financially responsible.
Currently there are a few company's in The Bowser Report that issue dividends to shareholders. Of those few, three are paying dividends in October.
1. Manhattan Bridge Capital (LOAN)
Bowser Rating: 9
- Date of record: October 9, 2015
- Dividend date: October 15, 2015
- Dividend amount: $0.08 per share
- Forward annual yield: 7.77%
Manhattan Bridge first appeared in The Bowser Report in February 2010. Currently one of the most tenured stocks in the newsletter, LOAN has done well for subscribers. Originally featured at $1.10 per share, the stock hit a high after recommendation of $4.78 (a 335% gain). Shares are now trading at $4.15 (277% above recommendation price).