The RMR Group Inc. (NASDAQ:RMR) declared quarterly dividend of $ 0.38 per share, or $ 1.52 annualized.
The dividend will be payable on August 20, 2020, to stockholders of record on July 27, 2020, with an ex-dividend date of July 24, 2020.
Dividends History
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Recent Earnings Announcement
The RMR Group Inc. unwinded income for the second quarter of $ 0.46 per share, from the revenue of $ 140.86 million. The quarterly earnings down 8.00 percent compared with the same quarter last year. The consensus estimates are income of $ 0.49 per share from $ 150.53 million in revenue. The bottom line results missed street analysts by $ 0.03 or 6.12 percent, at the same time, top line results fell short of analysts by $ 9.67 million or 6.42 percent.
Stock Performance
According to the previous trading day, closing price of RMR was $ 29.54, representing a 35.57 % increase from the 52 week low of $ 21.79 and a 41.28 % decrease over the 52 week high of $ 50.31.
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The company has a market capital of $ 925.03 million and is part of the Real Estate sector and Real Estate Services industry.
The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides business and property management services in the United States. It provides management services to its five publicly traded real estate investment trusts (REITs) and three real estate operating companies. As of September 30, 2018, the company had approximately 1,700 properties under management, which are primarily owned by its Managed Equity REITs.
