Reis (REIS) Raises Quarterly Dividend 11.8% to $0.19; 4.5% Yield

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Reis, Inc. Increases its Quarterly Cash Dividend by 11.8% to $0.19 Per Share

February 15, 2018 8:45 AM EST

NEW YORK, Feb. 15, 2018 (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 February 14, 2018, its Board of Directors declared a regular quarterly cash dividend of $0.19 per common share, to be paid on March 14, 2018 to shareholders of record as of the close of business on March 7, 2018.  This dividend represents a $0.02, or 11.8% increase over the prior quarterly dividend.

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