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Bridgemarq Real Estate Services Inc. (TSE:BRE) to Issue Dividend Increase - $0.11 Per Share

Bridgemarq Real Estate Services logo with Real Estate background

Bridgemarq Real Estate Services Inc. (TSE:BRE - Get Free Report) announced a monthly dividend on Friday, October 18th, TickerTech reports. Shareholders of record on Thursday, October 31st will be paid a dividend of 0.1125 per share on Friday, November 29th. This represents a $1.35 dividend on an annualized basis and a yield of 8.96%. The ex-dividend date of this dividend is Thursday, October 31st. This is an increase from Bridgemarq Real Estate Services's previous monthly dividend of $0.11.

Bridgemarq Real Estate Services Stock Down 0.2 %

Shares of BRE stock opened at C$15.06 on Friday. Bridgemarq Real Estate Services has a 52 week low of C$11.06 and a 52 week high of C$15.19. The firm has a 50 day moving average of C$13.89 and a two-hundred day moving average of C$13.39. The stock has a market capitalization of C$142.77 million, a PE ratio of 13.21 and a beta of 1.28.

Bridgemarq Real Estate Services (TSE:BRE - Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported C$0.17 earnings per share (EPS) for the quarter. The company had revenue of C$110.09 million during the quarter.

Insider Transactions at Bridgemarq Real Estate Services

In other Bridgemarq Real Estate Services news, Director Gitanjli Datt bought 3,000 shares of the company's stock in a transaction on Friday, August 16th. The stock was purchased at an average cost of C$13.11 per share, for a total transaction of C$39,330.00. Corporate insiders own 0.89% of the company's stock.

Analyst Ratings Changes

Separately, Cormark raised Bridgemarq Real Estate Services to a "moderate buy" rating in a research note on Thursday, October 10th.

Get Our Latest Research Report on BRE

About Bridgemarq Real Estate Services

(Get Free Report)

Bridgemarq Real Estate Services Inc provides various services to residential real estate brokers and REALTORS in Canada. The company offers information, tools, and services that assist its customers in the delivery of real estate services. It provides its services under the Royal LePage, Via Capitale, Johnston and Daniel, and Proprio Direct brand names.

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Dividend History for Bridgemarq Real Estate Services (TSE:BRE)

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