Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) announced a monthly dividend on Thursday, September 28th, TickerTech reports. Investors of record on Sunday, October 15th will be paid a dividend of 0.0583 per share on Sunday, October 15th. This represents a $0.70 annualized dividend and a yield of Infinity. The ex-dividend date is Thursday, September 28th.

DIR.UN has been the topic of a number of recent research reports. Canaccord Genuity raised Dream Industrial Real Estate Invest Trst from a “hold” rating to a “buy” rating and increased their target price for the company from C$8.75 to C$10.00 in a report on Tuesday, July 11th. Eight Capital increased their target price on Dream Industrial Real Estate Invest Trst from C$8.00 to C$9.00 and gave the company a “neutral” rating in a report on Wednesday, July 26th. National Bank Financial increased their target price on Dream Industrial Real Estate Invest Trst from C$8.75 to C$9.25 and gave the company a “sector perform” rating in a report on Monday, July 31st. CIBC increased their target price on Dream Industrial Real Estate Invest Trst from C$9.00 to C$9.50 in a report on Thursday, August 10th. Finally, TD Securities increased their target price on Dream Industrial Real Estate Invest Trst from C$8.50 to C$9.00 and gave the company a “hold” rating in a report on Thursday, August 10th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Dream Industrial Real Estate Invest Trst has a consensus rating of “Hold” and a consensus price target of C$9.33.

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About Dream Industrial Real Estate Invest Trst

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.

Dividend History for Dream Industrial Real Estate Invest Trst (TSE:DIR.UN)

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