Dream Industrial REIT (TSE:DIR) Expected to Earn Q2 2021 Earnings of $0.18 Per Share

Dream Industrial REIT (TSE:DIR) – Analysts at National Bank Financial issued their Q2 2021 EPS estimates for Dream Industrial REIT in a note issued to investors on Sunday, July 18th. National Bank Financial analyst M. Kornack anticipates that the company will post earnings of $0.18 per share for the quarter. National Bank Financial currently has a “Outperfrom Under Weight” rating on the stock. National Bank Financial also issued estimates for Dream Industrial REIT’s FY2022 earnings at $0.89 EPS.

Dream Industrial REIT (TSE:DIR) last released its quarterly earnings results on Tuesday, May 4th. The company reported C$0.51 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.19 by C$0.32. The firm had revenue of C$65.43 million during the quarter, compared to the consensus estimate of C$63.00 million.

Dream Industrial REIT has a 1-year low of C$8.08 and a 1-year high of C$9.49.

The company also recently announced a monthly dividend, which was paid on Thursday, July 15th. Investors of record on Wednesday, June 30th were given a $0.058 dividend. The ex-dividend date of this dividend was Tuesday, June 29th. 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.

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Earnings History and Estimates for Dream Industrial REIT (TSE:DIR)

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