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 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend is Tuesday, August 29th.

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Several equities analysts recently issued reports on DIR.UN shares. 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 stock a “sector perform” rating in a research note on Monday, July 31st. TD Securities increased their target price on Dream Industrial Real Estate Invest Trst from C$8.00 to C$8.50 and gave the stock a “hold” rating in a research note on Wednesday, May 3rd. Scotiabank reissued a “sector perform” rating and set a C$8.50 target price on shares of Dream Industrial Real Estate Invest Trst in a research note on Wednesday, May 3rd. Canaccord Genuity raised Dream Industrial Real Estate Invest Trst from a “hold” rating to a “buy” rating and increased their target price for the stock from C$8.75 to C$10.00 in a research note on Tuesday, July 11th. Finally, CIBC increased their target price on Dream Industrial Real Estate Invest Trst from C$9.00 to C$9.50 in a research note on Thursday, August 10th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Dream Industrial Real Estate Invest Trst currently has an average rating of “Hold” and a consensus target price of C$9.33.

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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