Bridgemarq Real Estate Services Inc. (TSE:BRE) Announces Monthly Dividend of $0.11

Bridgemarq Real Estate Services Inc. (TSE:BRE) announced a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Investors of record on Friday, February 28th will be paid a dividend of 0.1125 per share on Friday, February 28th. This represents a $1.35 annualized dividend and a yield of 9.45%. The ex-dividend date is Friday, January 31st.

Bridgemarq Real Estate Services Stock Performance

Shares of BRE stock opened at C$14.28 on Wednesday. Bridgemarq Real Estate Services has a one year low of C$11.50 and a one year high of C$15.79. The company’s 50-day moving average is C$14.91 and its 200 day moving average is C$14.22. The company has a market capitalization of C$135.37 million, a price-to-earnings ratio of 12.53 and a beta of 1.28.

Wall Street Analysts Forecast Growth

Separately, Cormark increased their price objective on shares of Bridgemarq Real Estate Services from C$17.00 to C$18.00 in a research report on Monday, November 18th.

About Bridgemarq Real Estate Services

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.