Reis (REIS) Declares $0.17 Quarterly Dividend; 3.6% Yield

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

May 16, 2017 8:00 AM EDT

NEW YORK, May 16, 2017 (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 15, 2017, its Board of Directors declared a regular quarterly cash dividend of $0.17 per common share, to be paid on June 14, 2017 to shareholders of record as of the close of business on June 7, 2017.  

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... More