Douglas Elliman Inc. (DOUG)
Douglas Elliman Inc. is a real estate brokerage firm based in the United States, specializing in luxury residential and commercial properties. Founded in 1911, the company has grown to become one of the largest and most prominent real estate brokerages in New York City and beyond, offering services including sales, rentals, and property management. Douglas Elliman is known for its extensive network, high-profile clients, and focus on upscale real estate markets.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| March 31, 2023 | $0.05 | 2023-03-22 | 2023-03-23 |
| December 22, 2022 | $0.05 | 2022-12-09 | 2022-12-12 |
| September 29, 2022 | $0.05 | 2022-09-14 | 2022-09-15 |
| June 29, 2022 | $0.05 | 2022-06-16 | 2022-06-17 |
| March 30, 2022 | $0.05 | 2022-03-21 | 2022-03-22 |
Dividends Summary
- Douglas Elliman Inc. has issued 5 dividend payments over the past 1 years
- The most recent dividend was paid 936 days ago, on March 31, 2023
- The highest dividend payed out to investors during this period was $0.05 per share
- The average dividend paid during this period was $0.05 per share.
Company News
Douglas Elliman, a real estate brokerage company, is positioned for potential growth as the Federal Reserve considers cutting interest rates. The company has diversified its business, expanded internationally, and is showing financial improvements despite a sluggish housing market.
The article discusses four stocks that are expected to perform well in the current market environment, particularly in the real estate and banking sectors. The author is bullish on REITs, mortgage REITs, and small banks, citing factors such as attractive valuations, high dividend yields, and potential industry changes.
Douglas Elliman director Mark Zeitchick has increased his stake in the company by purchasing 40,000 shares worth approximately $47,196. This transaction reflects the director's growing investment in the real estate firm.
The powerful National Association of Realtors has agreed to eliminate rules on commissions in order to settle lawsuits, and to pay $418 million in damages.
Douglas Elliman Inc. (DOUG) delivered earnings and revenue surprises of -500% and 15.87%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?