Dream Residential Real Estate Investment Trust (OTCMKTS:DRREF) Plans Dividend of $0.04

Dream Residential Real Estate Investment Trust (OTCMKTS:DRREF) declared a dividend on Thursday, March 21st, NASDAQ reports. Stockholders of record on Thursday, March 28th will be given a dividend of 0.035 per share on Monday, April 15th. The ex-dividend date of this dividend is Wednesday, March 27th.

Dream Residential Real Estate Investment Trust Stock Performance

OTCMKTS DRREF remained flat at C$6.49 during trading hours on Friday. 160 shares of the company traded hands, compared to its average volume of 3,502. Dream Residential Real Estate Investment Trust has a twelve month low of C$5.39 and a twelve month high of C$9.24. The company’s 50 day moving average price is C$6.75 and its 200-day moving average price is C$6.56.

About Dream Residential Real Estate Investment Trust

Dream Residential REIT is an unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns an initial portfolio of 16 garden-style multi-residential properties, consisting of 3,432 units primarily located in three markets across the Sunbelt and Midwest regions of the United States.