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

Bridgemarq Real Estate Services Inc. (TSE:BRE) declared a monthly dividend on Tuesday, December 31st,TickerTech Dividends reports. Investors 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 is Tuesday, December 31st.

Bridgemarq Real Estate Services Trading Down 0.6 %

Shares of BRE traded down C$0.09 during midday trading on Friday, reaching C$15.26. 3,752 shares of the stock were exchanged, compared to its average volume of 8,075. The company’s 50 day moving average is C$15.05 and its two-hundred day moving average is C$13.88. Bridgemarq Real Estate Services has a 52 week low of C$11.50 and a 52 week high of C$15.79. The company has a market capitalization 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 upped their price objective 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.