RE/MAX Holdings, Inc. Increases Quarterly Dividend
DENVER, February 17, 2021 / PRNewswire / – RE / MAX Holdings, Inc. (NYSE: RMAX), the parent company of RE / MAX, one of the world’s leading franchisors of real estate brokerage services, and Motto Mortgage, the first national mortgage broker franchise in the United States, announced today that their board of directors will receive a quarterly cash dividend of $ 0.23 per class A common share a 1 cent or almost 5% more than the previous quarter’s dividend.
(PRNewsfoto / RE / MAX Holdings, Inc.)
The dividend is payable on March 17, 2021to the registered shareholders at the close of business on March 3, 2021.
About RE / MAX Holdings, Inc.
RE / MAX Holdings, Inc. (NYSE: RMAX) is one of the world’s leading franchisors in the real estate industry, offering real estate agents worldwide under the RE / MAX® brand and mortgage brokers in the US under the Motto® Mortgage brand. RE / MAX was founded in 1973 by David and Gail LinigerWith an innovative, entrepreneurial culture that offers its agents and franchisees the flexibility to run their businesses with great independence. With more than 135,000 brokers in over 110 countries and territories, no one in the world sells more real estate than RE / MAX, based on the total number of residential real estate transactions. Devoted to innovation and change in the real estate industry, RE / MAX Holdings founded Motto Franchising, LLC, a groundbreaking mortgage broker-franchisor, in 2016. Motto Mortgage has grown to over 125 offices in more than 30 states.
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are frequently identified by the use of words such as “believe”. “intend,” “expect,” “estimate,” “plan,” “look out,” “project,” “anticipate,” “may,” “will,” “would” and other similar words and expressions that predict the future or display events or trends that are not statements of historical matters. Forward-looking statements include statements about: Dividends. Forward-looking statements should not be taken as a guarantee of future performance or results and do not necessarily indicate the exact times when such performance or results may be achieved. Forward-looking statements are based on information available at the time such statements were made and / or on management’s belief in good faith about future events and are subject to risks and uncertainties that could cause actual performance or the Results will differ materially from those expressed or suggested in the forward-looking statements. These risks and uncertainties include, but are not limited to, (1) the global COVID-19 pandemic, which poses significant and widespread risks to the company’s business, including the company’s agents, lenders, franchisees, and employees, and home buyers and sellers. (2) changes in the real estate market or interest rates and availability of funds, (3) changes in business and economic activity in general, (4) the company’s ability to attract and retain high quality franchisees, (5) the company’s ability to be franchisees to recruit and retain real estate agents and mortgage lenders, (6) changes in laws and regulations, (7) ability of the company to improve, market and protect the RE / MAX and Motto Mortgage brands, (8) ability of the company to Implementation of its technology initiatives and (9) exchange rate fluctuations and the risks and uncertainties described in the “Risk Factors” and “Management Discussion and Analysis of Financial Condition and Results of Operations” sections in the most recent Annual Report on Form 10-K and Quarterly Reports on Form 10- Q filed with the Securities and Exchange Commission (“SEC”) and related disclosures en in the following periodic and current reports filed with the SEC and available on the Investor Relations page of the company’s website at www.remax.com and on the SEC website at www.sec.gov. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. Except as required by law, the company does not intend or assume any obligation to update this information to reflect future events or circumstances.
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SOURCE RE / MAX Holdings, Inc.