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 Friday, February 28th, TickerTech Dividends reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.1125 per share on Monday, March 31st. This represents a $1.35 dividend on an annualized basis and a dividend yield of 9.85%. The ex-dividend date is Friday, February 28th.

Bridgemarq Real Estate Services Price Performance

BRE traded down C$0.05 on Wednesday, hitting C$13.70. 5,510 shares of the company were exchanged, compared to its average volume of 8,858. Bridgemarq Real Estate Services has a fifty-two week low of C$11.50 and a fifty-two week high of C$15.79. The company has a debt-to-equity ratio of -127.66, a quick ratio of 3.06 and a current ratio of 0.40. The firm has a market capitalization of C$130.40 million, a P/E ratio of -40.56 and a beta of 1.28. The business’s fifty day moving average is C$14.40 and its 200 day moving average is C$14.39.

Wall Street Analyst Weigh In

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

About Bridgemarq Real Estate Services

Bridgemarq Real Estate Services Inc is a Canada-based real estate services company. Its segment includes providing information and services to real estate agents and brokers in Canada through a portfolio of real estate services brands. It supplies realtors with information, tools, and services to assist them in providing and delivery of real estate sales services.