Bridgemarq Real Estate Services Inc. (BRE) to Issue Monthly Dividend of $0.11 on January 31st

Bridgemarq Real Estate Services Inc. (TSE:BRE) announced a monthly dividend on Tuesday, December 31st,TickerTech Dividends reports. Shareholders 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 annualized dividend and a yield of 8.85%. The ex-dividend date of this dividend is Tuesday, December 31st.

Bridgemarq Real Estate Services Stock Performance

Shares of Bridgemarq Real Estate Services stock traded down C$0.09 during trading hours on Friday, reaching C$15.26. The company’s stock had a trading volume of 3,752 shares, compared to its average volume of 8,075. 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 simple moving average is C$15.05 and its 200 day simple moving average is C$13.88. The stock has a market cap of C$144.66 million, a P/E ratio of 13.39 and a beta of 1.28.

Wall Street Analysts Forecast Growth

Separately, Cormark raised their target price on shares of Bridgemarq Real Estate Services from C$17.00 to C$18.00 in a 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.