DENVER, Aug. 5, 2020 /PRNewswire/ -- RE/MAX
Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, 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 $0.22 per
share of Class A common stock.
The dividend is payable on September 2,
2020, to shareholders of record at the close of business on
August 19, 2020.
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
130,000 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.
Motto Mortgage has grown to over 100 offices across more than 30
states.
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 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. These
risks and uncertainties include, without limitation, (1) the global
COVID-19 pandemic, which poses significant and widespread risks to
the Company's business, including the Company's agents, loan
originators, franchisees and employees, as well as home buyers and
sellers. (2) changes in the real estate market or interest rates
and availability of financing, (3) changes in business and economic
activity in general, (4) the Company's ability to attract and
retain quality franchisees, (5) the Company's franchisees' ability
to recruit and retain real estate agents and mortgage loan
originators, (6) changes in laws and regulations, (7) the Company's
ability to enhance, market, and protect the RE/MAX and Motto
Mortgage brands, (8) the Company's ability to implement its
technology initiatives, and (9) fluctuations in foreign currency
exchange rates, 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 and Quarterly Reports on
Form 10-Q 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.
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SOURCE RE/MAX Holdings, Inc.