DENVER, May 1, 2019 /PRNewswire/ -- RE/MAX Holdings,
Inc. (NYSE: RMAX), parent company of RE/MAX, LLC, one of the
world's leading franchisors of real estate brokerage services, and
of Motto Mortgage, an innovative mortgage brokerage franchise,
announced today that its Board of Directors declared a quarterly
cash dividend of $0.21 per share of
Class A common stock.
The dividend is payable on May 29,
2019 to shareholders of record at the close of business on
May 15, 2019.
About RE/MAX Holdings, Inc.
RE/MAX Holdings, Inc. (NYSE: RMAX) is one of the world's leading
franchisors in the real estate industry, franchising real estate
brokerages globally under the RE/MAX® brand, and
mortgage brokerages within the U.S. under the
Motto® Mortgage brand. RE/MAX was founded in 1973
by David and Gail Liniger, with an
innovative, entrepreneurial culture affording its agents and
franchisees the flexibility to operate their businesses with great
independence. Now with more than 125,000 agents across over 110
countries and territories, nobody in the world sells more real
estate than RE/MAX, as measured by total residential transaction
sides. Dedicated to innovation and change in the real estate
industry, RE/MAX launched Motto Franchising, LLC, a ground-breaking
mortgage brokerage franchisor, in 2016.
Forward-Looking Statements
This press release includes "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 often identified by the use of words such as
"believe," "intend," "expect," "estimate," "plan," "outlook,"
"project," "anticipate," "may," "will," "would" and other similar
words and expressions that predict or indicate future events or
trends that are not statements of historical matters.
Forward-looking statements in this press release include statements
related to dividends. Forward-looking statements should not be read
as a guarantee of future performance or results and will not
necessarily accurately indicate the times at which such performance
or results may be achieved. Forward-looking statements are based on
information available at the time those statements are made and/or
management's good faith belief as of that time with respect to
future events and are subject to risks and uncertainties that could
cause actual performance or results to differ materially from those
expressed in or suggested by the forward-looking statements. Such
risks and uncertainties include, without limitation, (1) changes in
the real estate market or interest rates and availability of
financing, (2) changes in business and economic activity in
general, (3) the Company's ability to attract and retain quality
franchisees, (4) the Company's franchisees' ability to recruit and
retain real estate agents and mortgage loan originators, (5)
changes in laws and regulations, (6) the Company's ability to
enhance, market, and protect the RE/MAX and Motto Mortgage brands,
(7) the Company's ability to implement its technology initiatives,
(8) fluctuations in foreign currency exchange rates, (9) the impact
of recent changes to our senior management team, (10) the impact of
the findings and recommendations of the previously disclosed
Special Committee investigation on the Company and its management
and operations, including the effect of measures taken in response
to the investigation, reputational damage to the Company relating
to the investigation, time and expenses incurred in implementing
the recommendations of the Special Committee, any legal proceedings
or governmental or regulatory investigations or actions related to
the underlying matters of the Special Committee's internal
investigation or other matters, and the diversion of management's
time and resources to address such matters, and those risks and
uncertainties described in the sections entitled "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition and
Results of Operations" in the most recent Annual Report on Form
10-K filed with the Securities and Exchange Commission ("SEC") and
similar disclosures in subsequent periodic and current reports
filed with the SEC, which are 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 on which they are made. Except as required by law, the
Company does not intend, and undertakes no obligation, to update
this information to reflect future events or circumstances.
View original
content:http://www.prnewswire.com/news-releases/remax-holdings-announces-quarterly-dividend-300841998.html
SOURCE RE/MAX Holdings, Inc.