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

Bridgemarq Real Estate Services Inc. (TSE:BRE) declared a monthly dividend on Tuesday, December 31st,TickerTech Dividends reports. Stockholders of record on Friday, January 31st will be given a dividend of 0.1125 per share on Friday, January 31st. This represents a $1.35 dividend on an annualized basis and a dividend yield of 8.85%. The ex-dividend date of this dividend is Tuesday, December 31st.

Bridgemarq Real Estate Services Price Performance

Shares of BRE stock opened at C$15.26 on Friday. The firm’s 50-day simple moving average is C$15.05 and its 200-day simple moving average is C$13.88. Bridgemarq Real Estate Services has a 1-year low of C$11.50 and a 1-year high of C$15.79. The firm has a market cap of C$144.66 million, a P/E ratio of 13.39 and a beta of 1.28.

Analysts Set New Price Targets

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

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.