Reis (REIS) Declares $0.17 Quarterly Dividend; 2.9% Yield

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

May 17, 2016 8:45 AM EDT

NEW YORK, May 17, 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 May 16, 2016, its Board of Directors declared a regular quarterly cash dividend of $0.17 per common share, to be paid on June 15, 2016 to shareholders of record as of the close of business on June 8, 2016.  

It is the Companys expectation that it will maintain a program of paying dividends on a quarterly... More