Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) declared a monthly dividend on Tuesday, August 29th, TickerTech reports. Shareholders of record on Friday, September 15th will be paid a dividend of 0.0583 per share on Friday, September 15th. This represents a $0.70 annualized dividend and a yield of Infinity. The ex-dividend date is Tuesday, August 29th.

A number of research analysts recently issued reports on the company. National Bank Financial lifted their price target 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 lifted their price target on Dream Industrial Real Estate Invest Trst from C$9.00 to C$9.50 in a report on Thursday, August 10th. Scotiabank lifted their price target 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 Tuesday, August 15th. TD Securities lifted their price target 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. Finally, Eight Capital lifted their price target 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. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Dream Industrial Real Estate Invest Trst has an average rating of “Hold” and an average price target of C$9.33.

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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.

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

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