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Reis (REIS) Declares $0.17 Quarterly Dividend; 3.5% Yield

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Reis, Inc. Declares Quarterly Cash Dividend of $0.17 Per Share

August 16, 2016 8:45 AM EDT

NEW YORK, Aug. 16, 2016 (GLOBE NEWSWIRE) -- Reis, Inc. (NASDAQ: REIS) (Reis or the Company), a leading provider of commercial real estate market information and analytical tools, announced today that on August 15, 2016, its Board of Directors declared a regular quarterly cash dividend of $0.17 per common share, to be paid on September 15, 2016 to shareholders of record as of the close of business on September 8, 2016.  

It is the Companys expectation that it will maintain a program of paying dividends on a quarterly basis; however, the declaration of dividends in the future is... More