Douglas Elliman Declares Quarterly Cash Dividend

Rhea-AI Summary

Douglas Elliman Inc. (NYSE: DOUG) has announced a quarterly cash dividend of $0.05 per share, payable on December 22, 2022, to stockholders of record as of December 12, 2022. This reflects the company's commitment to providing returns to its shareholders. Douglas Elliman operates as a leading residential brokerage in the U.S., with significant operations across multiple states, including New York, Florida, and California. The company also invests in early-stage property technology solutions.

Positive

• Quarterly cash dividend of $0.05 per share to enhance shareholder value.
• Commitment to dividends suggests financial stability.

Negative

• None.

MIAMI--(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 December 22, 2022 to holders of record as of December 12, 2022.

About Douglas Elliman Inc.

Douglas Elliman Inc. (NYSE: DOUG, “Douglas Elliman”) owns Douglas Elliman Realty, LLC (“Douglas Elliman Realty”), which is one of the largest residential brokerage companies in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, D.C. In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and Douglas Elliman Realty provides other real estate services, including development marketing, property management and settlement and escrow services in select markets. Additional information concerning Douglas Elliman Realty is available on its website, www.elliman.com and information about Douglas Elliman is readily 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/20221130006034/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 declared by Douglas Elliman?

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

When is the dividend payment date for Douglas Elliman?

The dividend will be payable on December 22, 2022.

Who is eligible for the dividend from Douglas Elliman?

Stockholders of record as of December 12, 2022, are eligible for the dividend.

How often does Douglas Elliman pay dividends?

Douglas Elliman pays dividends on a quarterly basis.

Is the dividend from Douglas Elliman sustainable?

The sustainability of the dividend depends on the company's ongoing financial performance.