RE/MAX Holdings, Inc. (NYSE:RMAX) will begin trading ex-dividend on November 17, 2020. The quarterly dividend payment of $ 0.22 per share is scheduled to be paid on December 2, 2020. The dividend yield based on the latest trading day closing price was 2.83 percent. Shareholders who purchased RMAX shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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RE/MAX Holdings, Inc. recently reported second quarter financial results on August 6, 2020, after market close, the Denver based company outlined income for the second quarter of $ 0.38 per share, from the revenue of $ 52.21 million. The quarterly earnings improved 148.53 percent while revenues compared with the same quarter last year.
Wall street analysts are predicting, RMAX to report 2Q20 income of $ 0.39 per share from revenue of $ 52.09 million. The bottom line results missed street analysts by $ 0.01 or 2.56 percent, at the same time, top line results outshined analysts by $ 0.12 million or 0.23 percent.
Stock Performance
On Friday, shares of RE/MAX Holdings, Inc. has traded high as $ 31.44 and has cracked $ 30.76 on the downward trend, reaching $ 31.09 with volume of 74.30 thousand shares.
According to the previous trading day, closing price of $ 31.09, representing a 112.50 % increase from the 52 week low of $ 14.40 and a 24.96 % decrease over the 52 week high of $ 40.78.
The company has a market capital of $ 967.42 million and is part of the Real Estate sector and Real Estate Services industry.
RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. The company offers its real estate franchise services under the RE/MAX brand name; and mortgage brokerage services under the Motto Mortgage brand.
