Bridgemarq Announces Soaring Q2 Earnings and Dividend

Bridgemarq Real Estate Services (TSE:BRE) has released an update.

Bridgemarq Real Estate Services reports a significant increase in second-quarter revenue to $110.1 million, up from $12.8 million the previous year, largely due to new brokerage acquisitions and improved market conditions. Net earnings rose to $10.6 million, or $0.17 per share, compared to $1.1 million a year earlier. The company also declared a monthly dividend of $0.1125 per restricted voting share.

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