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

Bridgemarq Real Estate Services Inc. (TSE:BRE) announced a monthly dividend on Friday, November 28th, TickerTech Dividends reports. Shareholders of record on Wednesday, December 31st will be given a dividend of 0.1125 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 10.3%. The ex-dividend date of this dividend is Friday, November 28th.

Bridgemarq Real Estate Services Price Performance

BRE opened at C$13.12 on Friday. Bridgemarq Real Estate Services has a 52-week low of C$11.46 and a 52-week high of C$15.60. The company has a 50 day moving average of C$13.74 and a two-hundred day moving average of C$14.53. The company has a market cap of C$124.43 million, a P/E ratio of -11.51 and a beta of 0.82. The company has a quick ratio of 3.06, a current ratio of 0.40 and a debt-to-equity ratio of -127.66.

Bridgemarq Real Estate Services (TSE:BRE) last posted its earnings results on Friday, November 14th. The company reported C$0.06 earnings per share for the quarter. Bridgemarq Real Estate Services had a negative net margin of 1.24% and a positive return on equity of 5.29%. The business had revenue of C$111.26 million for the quarter.

Analysts Set New Price Targets

Separately, Cormark cut Bridgemarq Real Estate Services from a “moderate buy” rating to a “hold” rating in a research note on Friday, August 15th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Bridgemarq Real Estate Services currently has a consensus rating of “Hold”.

Bridgemarq Real Estate Services Company Profile

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.