Dream Industrial REIT (DIR) Scheduled to Post Quarterly Earnings on Tuesday

Dream Industrial REIT (TSE:DIR) is set to announce its earnings results after the market closes on Tuesday, November 7th. Analysts expect the company to announce earnings of C$0.25 per share for the quarter.

Dream Industrial REIT Stock Performance

Dream Industrial REIT has a 12-month low of C$8.08 and a 12-month high of C$9.49.

Dream Industrial REIT Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st will be given a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Monday, October 30th.

Dream Industrial REIT 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.