Douglas Elliman Declares Quarterly Cash Dividend

Rhea-AI Summary

Douglas Elliman Inc. (NYSE: DOUG) has declared a quarterly cash dividend of $0.05 per share, which will be payable on September 29, 2022. Shareholders on record as of September 15, 2022 will receive this dividend. Douglas Elliman is recognized as one of the largest residential brokerage companies in the United States, with operations across several states including New York, Florida, and California. The company's dividend declaration reflects its commitment to providing income to its shareholders.

Positive

• Quarterly cash dividend of $0.05 per share declared.
• Dividend reflects company's commitment to shareholder returns.

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 September 29, 2022 to holders of record as of September 15, 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 United States with operations in New York City, Long Island, Westchester, Connecticut, New Jersey, the Hamptons, Florida, California, Colorado, Texas, Massachusetts and Nevada. 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, investors.elliman.com.

Investors and others should note that we may post information about Douglas Elliman on our website at investors.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 investors.elliman.com and on our social media accounts.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220902005276/en/

Stephen Larkin, Douglas Elliman Inc.

917-902-2503



Emily Claffey/Benjamin Spicehandler/Columbia Clancy

FGS Global

212-687-8080



Abi Genis

FGS Global - Europe

+44 (0)20 3178 8914



J. Bryant Kirkland III, Douglas Elliman Inc.

305-579-8000

Source: Douglas Elliman Inc.

FAQ

What is the dividend amount for Douglas Elliman Inc. (DOUG)?

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

When will the dividend be paid to shareholders of DOUG?

The dividend will be payable on September 29, 2022.

What is the record date for the dividend payment for Douglas Elliman Inc.?

The record date for the dividend payment is September 15, 2022.

How does the dividend payment impact shareholders of DOUG?

The dividend payment provides a source of income for shareholders, reflecting the company's profitability and commitment to returning value.