Douglas Elliman Declares Quarterly Cash Dividend

Rhea-AI Summary

Douglas Elliman Inc. (NYSE: DOUG) announced a quarterly cash dividend of $0.05 per share, payable on March 30, 2022, to shareholders of record as of March 22, 2022. This reflects the company's commitment to return value to shareholders amidst its operations in residential brokerage across key markets, including New York City and California. As one of the largest residential brokerage firms in the U.S., Douglas Elliman continues to enhance its portfolio by investing in disruptive property technology solutions.

Positive

• Quarterly cash dividend of $0.05 per share enhances shareholder value.
• Strong position as one of the largest residential brokerage firms in New York and the U.S.
• Active involvement in PropTech investments supports long-term growth.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Douglas Elliman Inc. (NYSE: DOUG) today announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of $0.05 per share. The quarterly cash dividend will be payable on March 30, 2022 to holders of record as of March 22, 2022.

About Douglas Elliman Inc.

Douglas Elliman Inc. (NYSE: DOUG, “Douglas Elliman”) owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the New York metropolitan area, which includes New York City, Long Island, Westchester, Connecticut, New Jersey and the Hamptons, and the sixth largest in the U.S., with operations in California, Colorado, Texas, Florida and Massachusetts. In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets. Additional information concerning Douglas Elliman is available on its website, www.elliman.com.

Investors and others should note that we may post information about Douglas Elliman on our website at www.elliman.com or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman to review the information we post on our website at www.elliman.com and on our social media accounts.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220310005980/en/

Stephen Larkin, Douglas Elliman Inc.

917-902-2503

Emily Claffey/Benjamin Spicehandler

Sard Verbinnen & Co

212-687-8080

Source: Douglas Elliman Inc.

FAQ

What is the dividend amount declared by Douglas Elliman (DOUG)?

Douglas Elliman declared a quarterly cash dividend of $0.05 per share.

When will Douglas Elliman (DOUG) pay its dividend?

The dividend will be payable on March 30, 2022.

What is the date of record for Douglas Elliman's (DOUG) dividend?

The date of record for the dividend is March 22, 2022.