Newmark Group, Inc. (NASDAQ:NMRK) will begin trading ex-dividend on November 24, 2020. The quarterly dividend payment of $ 0.01 per share is scheduled to be paid on December 14, 2020. The dividend yield based on the latest trading day closing price was 0.63 percent. Shareholders who purchased NMRK shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Newmark Group, Inc. recently reported second quarter financial results on August 6, 2020, before market open, the New York based company revealed income for the second quarter of $ 0.10 per share, from the revenue of $ 383.72 million. The quarterly earnings fell 66.67 percent while revenues declined 30.42 percent compared with the same quarter last year.
According to street consensus, NMRK was expected to report 2Q20 income of $ 0.19 per share from revenue of $ 393.39 million. The bottom line results missed street analysts by $ 0.09 or 47.37 percent, at the same time, top line results fell short of analysts by $ 9.67 million or 2.46 percent.
Stock Performance
Shares of Newmark Group, Inc. traded up $ 0.06 or 0.96 percent on Thursday, reaching $ 6.32 with volume of 587.40 thousand shares. Newmark Group, Inc. has traded high as $ 6.34 and has cracked $ 6.10 on the downward trend
According to the previous trading day, closing price of $ 6.32, representing a 151.41 % increase from the 52 week low of $ 2.49 and a 54.8 % decrease over the 52 week high of $ 13.85.
The company has a market capital of $ 1.14 billion and is part of the Real Estate sector and Real Estate Services industry.
Newmark Group, Inc. provides commercial real estate services in the United States and internationally. Its investor/owner services and products include capital markets, such as investment sales; and agency leasing, property management, valuation and advisory, and diligence and underwriting, as well as government sponsored enterprise lending, loan servicing, debt and structured finance, and loan sales under the Newmark Knight Frank name.
