Equities Analysts Offer Predictions for TSE:DIR Q3 Earnings

Dream Industrial REIT (TSE:DIR) – Research analysts at Ventum Cap Mkts issued their Q3 2024 EPS estimates for shares of Dream Industrial REIT in a report issued on Monday, November 4th. Ventum Cap Mkts analyst D. Chrystal expects that the company will post earnings per share of $0.26 for the quarter. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock.

Dream Industrial REIT (TSE:DIR) last posted its earnings results on Tuesday, August 6th. The company reported C$0.21 earnings per share for the quarter, missing the consensus estimate of C$0.25 by C($0.04). The business had revenue of C$115.30 million during the quarter.

Dream Industrial REIT Price Performance

Dream Industrial REIT has a 52 week low of C$8.08 and a 52 week high of C$9.49.

Dream Industrial REIT Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a $0.058 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.70 dividend on an annualized basis and a yield of ∞.

About Dream Industrial REIT

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.