Bridgemarq Cuts Its Dividend by 96 Percent. Is the Stock Now a Bargain, or a Trap?Read More »
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Bridgemarq Cuts Its Dividend by 96 Percent. Is the Stock Now a Bargain, or a Trap?
Views: 109 2026-08-05 Note: I would avoid buying share. In July, Management took action that led to value destruction for investors. I tried to explain the reasons but I have a feeling there are more reasons to the bad news story. Bridgemarq owns the Royal LePage, Via Capitale, Proprio Direct, Johnston & Daniel, and Les Immeubles Mont-Tremblant real estate brands in Canada. Historically it collected high-margin franchise royalties from independently owned brokerages. In 2024 it began consolidating a large network of corporately owned Royal LePage brokerages onto its own books. Revenue jumped from about 48 million CAD in 2023 to …
