Re/Max Holdings Inc(NYSE:RMAX) Declares Dividend of $0.1500.

Re/Max Holdings Inc (NYSE:RMAX) had declared a cash dividend of $0.1500 on Aug 3, 2016. The shares will quote ex-dividend on Aug 15, 2016 and the record date has been fixed for Aug 17, 2016. On Aug 3, 2016 share price, the yield comes out to be 1.4078%. The dividend payable date has been fixed on Aug 31, 2016.

Re/Max Holdings Inc (RMAX) remained unchanged at the close of Friday session. Even as the volume increased to 58,012 ,the shares failed to make any impression and ended at 0 points or 0.00% at $42.2. The trading session commenced at $42.12 and the stock hit a high of $42.66 and touched $41.87 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $44.13 and the 52-week low is $30.22. The company has a market cap of $745 M and has approximately 1,76,45,697 outstanding shares.

Re/Max Holdings Inc(RMAX) last announced its earnings results on May 5, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $42.92M. Analysts had an estimated revenue of $40.31M. Earnings per share were $0.39.

Several Insider Transactions has been reported to the SEC. On Jun 6, 2016, Geoffrey D Lewis (President) sold 750 shares at $41.00 per share price.Also, On May 17, 2016, Daniel J. Predovich (director) sold 1,114 shares at $39.08 per share price.On May 10, 2016, Adam M. Contos (Chief Operating Officer) sold 1,564 shares at $38.22 per share price, according to the Form-4 filing with the securities and exchange commission.

RE/MAX Holdings Inc. is a franchisor of real estate brokerage services. Its business is to recruit and retain agents and sell franchises. The Company operates in two segments: Real Estate Franchise Services and Brokerages. The Real Estate Franchise Services segment comprises the operations of the Company’s owned and independent global franchising operations and corporate-wide professional services expenses. The Brokerages reportable segment contains the operations of its 21 owned brokerage offices in the United States (which represent less than 1% of RE/MAX brokerages in the United States) the results of operations of a mortgage brokerage company in which it owns a non-controlling interest and reflects the elimination of intersegment revenue and other consolidation entities. It operates in the real estate brokerage franchise industry in the United States Canada and 95 other countries.

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