Dream Industrial Real Estate Invest Trst (TSE:DIR) – Stock analysts at National Bank Financial upped their FY2018 earnings per share estimates for Dream Industrial Real Estate Invest Trst in a report issued on Wednesday. National Bank Financial analyst M. Kornack now expects that the company will earn $0.93 per share for the year, up from their previous estimate of $0.92.
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The firm also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be issued a dividend of $0.058 per share. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $0.70 annualized dividend and a dividend yield of Infinity.
Dream Industrial Real Estate Invest Trst Company Profile
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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