RE/MAX Holdings (RMAX) Raises Quarterly Dividend 20% to $0.18; 1.2% Yield

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RE/MAX Holdings Raises Quarterly Dividend By 20%

February 22, 2017 4:59 PM EST

DENVER, Feb. 22, 2017 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, and Motto Franchising, LLC, an innovative mortgage brokerage franchise, announced today that its Board of Directors raised the Company's quarterly dividend by 20% to $0.18 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... More