Dream Industrial REIT (TSE:DIR) declared a monthly dividend on Wednesday, November 20th, Zacks reports. Investors of record on Friday, November 29th will be given a dividend of 0.058 per share on Friday, December 13th. This represents a $0.70 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Thursday, November 28th.
Dream Industrial REIT has a 52 week low of C$8.08 and a 52 week high of C$9.49.
Dream Industrial REIT (TSE:DIR) last issued its earnings results on Tuesday, November 5th. The company reported C($0.02) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.19 by C($0.21). The business had revenue of C$49.51 million during the quarter.
Dream Industrial Real Estate Investment Trust is an open-ended investment trust. The Trust’s objective is managing its business to provide growing cash flow and stable and sustainable returns, through adapting its strategy and tactics to changes in the real estate industry and the economy; building and maintaining a diversified, growth-oriented portfolio of light industrial properties in Canadian markets based on an established platform; providing predictable and sustainable cash distributions to unitholders while prudently managing its capital structure over time, and maintaining a REIT that satisfies the REIT exception under the specified investment flow-through (SIFT) legislation in order to provide certainty to unitholders with respect to taxation of distributions.
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