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

Bridgemarq Real Estate Services Inc. (TSE:BRE) announced a monthly dividend on Wednesday, July 17th, TickerTech reports. Shareholders of record on Wednesday, July 31st will be paid a dividend of 0.1125 per share on Friday, August 30th. This represents a $1.35 annualized dividend and a yield of 10.88%. The ex-dividend date is Wednesday, July 31st. This is a positive change from Bridgemarq Real Estate Services’s previous monthly dividend of $0.11.

Bridgemarq Real Estate Services Stock Down 0.4 %

BRE stock opened at C$12.41 on Thursday. The firm’s 50-day simple moving average is C$12.97 and its 200 day simple moving average is C$13.42. The stock has a market cap of C$117.65 million, a PE ratio of 29.55 and a beta of 1.27. Bridgemarq Real Estate Services has a fifty-two week low of C$11.06 and a fifty-two week high of C$15.93.

Bridgemarq Real Estate Services (TSE:BRE) last announced its earnings results on Wednesday, May 15th. The company reported C($0.21) earnings per share for the quarter. The business had revenue of C$11.77 million during the quarter.

Insider Activity

In other news, Director Gitanjli Datt bought 4,200 shares of the stock in a transaction that occurred on Friday, May 17th. The shares were purchased at an average cost of C$13.46 per share, with a total value of C$56,523.18. 0.89% of the stock is owned by insiders.

Bridgemarq Real Estate Services Company Profile

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.