The RMR Group Inc. (RMR) to Issue Quarterly Dividend of $0.45 on February 19th

The RMR Group Inc. (NASDAQ:RMR) declared a quarterly dividend on Thursday, January 15th. Stockholders of record on Monday, January 26th will be given a dividend of 0.45 per share by the financial services provider on Thursday, February 19th. This represents a c) annualized dividend and a dividend yield of 11.2%. The ex-dividend date is Monday, January 26th.

The RMR Group has increased its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 1 years. The RMR Group has a dividend payout ratio of 123.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect The RMR Group to earn $1.32 per share next year, which means the company may not be able to cover its $1.80 annual dividend with an expected future payout ratio of 136.4%.

The RMR Group Trading Down 1.2%

Shares of RMR stock opened at $16.05 on Friday. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.05. The RMR Group has a twelve month low of $13.48 and a twelve month high of $19.50. The company’s 50-day moving average price is $15.53 and its 200-day moving average price is $15.94. The stock has a market cap of $514.58 million, a price-to-earnings ratio of 15.29 and a beta of 0.96.

The RMR Group (NASDAQ:RMR) last released its quarterly earnings data on Wednesday, November 12th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.22. The firm had revenue of $152.23 million during the quarter, compared to analysts’ expectations of $210.10 million. The RMR Group had a net margin of 2.48% and a return on equity of 4.60%. As a group, equities analysts predict that The RMR Group will post 1.51 earnings per share for the current year.

The RMR Group Company Profile

The RMR Group, Inc (NASDAQ: RMR) is a publicly traded asset management company that specializes in providing comprehensive real estate and investment management services to both public and private entities. Acting as an external manager, RMR offers a range of services encompassing property management, asset management, fund administration, accounting, investor relations and compliance oversight. Its client base includes real estate investment trusts (REITs), real estate operating companies (REOCs), closed-end real estate funds and institutional investors.

Founded in 1986, RMR Group has built a business model centered on recurring fee revenue generated through long-term service agreements with its managed entities.