Reis, Inc. (REIS) Declares $0.11 Quarterly Dividend; 1.9% Yield

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Reis, Inc. Declares Quarterly Cash Dividend of $0.11 Per Share

August 19, 2014 8:45 AM EDT

NEW YORK, Aug. 19, 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 August 18, 2014 its Board of Directors declared a regular quarterly cash dividend of $0.11 per common share to be paid on September 17, 2014 to shareholders of record as of the close of business on September 10, 2014.

It is the Company's expectation that it will maintain a program of paying dividends on a quarterly basis; however, the declaration of dividends in the future is subject to the... More