RE/MAX Holdings (RMAX) Raises Quarterly Dividend 20% to $0.15; 1.8% Yield

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Go back to RE/MAX Holdings (RMAX) Raises Quarterly Dividend 20% to $0.15; 1.8% Yield

RE/MAX Holdings Raises Quarterly Dividend

February 24, 2016 6:20 PM EST

DENVER, Feb. 24, 2016 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), one of the world's leading franchisors of real estate brokerage services, announced today that its Board of Directors raised the Company's quarterly dividend by 20% to $0.15 per share.

"As part of our commitment to return capital to shareholders, our board has approved a 20 percent increase to our quarterly dividend," said Dave Liniger, Chief Executive Officer and Co-Founder of RE/MAX. "We have now increased our quarterly dividend by 140 percent in the last two years. Our ability to raise our... More