Business & Finance
Business and Finance
Business and Finance
Thu, March 17, 2011
Wed, March 16, 2011 CORRECTION - DATE OF PAYMENT FOR MARCH 2011 MONTHLY CASH DIVIDEND
TORONTO, March 16 /CNW/ - In the news release dated March 14, 2011, Brookfield Real Estate Services Inc. (TSX:BRE) declared a monthly cash dividend of $0.0917 payable on April 30, 2011, to shareholders of record on March 31, 2011.
Today the Company announced that the correct date of payment is Friday April 29, 2011.
About Brookfield Real Estate Services Inc.
The Company is a leading provider of services to residential real estate REALTORS®. The Company generates cash flow from franchise royalties and service fees derived from a national network of real estate brokers and agents in Canada operating under the Royal LePage, Via Capitale Real Estate Network and Johnston & Daniel brand names. As at January 1, 2011, the Company Network was comprised of 15,555 REALTORS®. The Company Network has an approximate 23% share of the Canadian residential resale real estate market based on transactional dollar volume. The Company is listed on the TSX and trades under the symbol "BRE".
