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

Bridgemarq Real Estate Services Inc. (TSE:BRE) announced a monthly dividend on Tuesday, December 31st,TickerTech Dividends reports. Stockholders of record on Friday, January 31st will be paid 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 Stock Down 0.6 %

Shares of BRE stock traded down C$0.09 during mid-day trading on Friday, hitting C$15.26. 3,752 shares of the stock were exchanged, compared to its average volume of 8,075. The company has a market cap of C$144.66 million, a PE ratio of 13.39 and a beta of 1.28. Bridgemarq Real Estate Services has a 52-week low of C$11.50 and a 52-week high of C$15.79. The firm has a fifty day moving average of C$15.05 and a 200 day moving average of C$13.88.

Wall Street Analysts Forecast Growth

Separately, Cormark upped their target price on Bridgemarq Real Estate Services from C$17.00 to C$18.00 in a research note 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.