Reis, Inc. (REIS) Initiated Qtr. Dividend at 11c/Share; Yields 2.5%

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Go back to Reis, Inc. (REIS) Initiated Qtr. Dividend at 11c/Share; Yields 2.5%

Reis, Inc. Announces First Ever Quarterly Cash Dividend

May 20, 2014 8:45 AM EDT

NEW YORK, May 20, 2014 (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 19, 2014 its Board of Directors approved the initiation of a program of paying a regular quarterly cash dividend to the Company's shareholders. As a result, the Board of Directors declared an initial quarterly cash dividend of $0.11 per common share to be paid on June 18, 2014 to shareholders of record as of the close of business on June 11, 2014.

Lloyd Lynford, President and Chief... More