Dream Industrial Real Estate Invest Trst Expected to Earn FY2018 Earnings of $0.93 Per Share (DIR)
Dream Industrial Real Estate Invest Trst (TSE:DIR) – Investment analysts at National Bank Financial upped their FY2018 earnings per share (EPS) estimates for shares of Dream Industrial Real Estate Invest Trst in a report released on Wednesday. National Bank Financial analyst M. Kornack now forecasts that the company will post earnings of $0.93 per share for the year, up from their prior forecast of $0.92.
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The business also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Monday, July 31st will be issued a $0.058 dividend. The ex-dividend date is Thursday, July 27th. This represents a $0.70 dividend on an annualized basis and a dividend yield of Infinity.
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.
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