DIR.UN dividend calculator – Dream Industrial Real Estate Investment Trust Announces 0.05833 Cash Dividend

☀️Dividends Yield

Dream Industrial Real ($TSX:DIR.UN) Estate Investment Trust (DREAM) announced on May 25 2023 that it will pay a cash dividend of 0.05833 per share. For the past three years, DREAM has had an impressive track record of paying out an annual dividend of 0.7 CAD per share, resulting in yields of 5.44%, 5.23%, and 4.61% for 2021-2023 respectively, with an average dividend yield of 5.09%. This dividend payment of 0.05833 CAD is expected to be declared on May 30 2023, with the ex-dividend date being set for the same day. If you are interested in dividend stocks, it could be worthwhile to add this stock to your list of considerations.

DREAM’s dividend payments have been consistent and dependable over the past three years, making it an attractive option for dividend investors who are looking for stability and a steady income stream. Investing in DREAM now could give you the chance to benefit from its ongoing dividend payouts in the future.

Price History

The price of DREAM INDUSTRIAL REIT’s stock opened at CA$13.8 on Thursday and closed at CA$13.7, representing a decrease of 1.1% from the prior closing price of CA$13.8. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for DIR.UN. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for DIR.UN. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for DIR.UN. More…

Key Ratios Snapshot

Some of the financial key ratios for DIR.UN are shown below. More…

Analysis

GoodWhale has conducted an analysis of DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST, and the results were positive. Our star chart showed that DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST has strong assets, good growth, and a very profitable bottom line. Additionally, it has a medium dividend score, leading GoodWhale to classify it as a ‘Cow’. This type of company has a track record of paying out consistent and sustainable dividends. For investors looking for a reliable income stream, DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST is an excellent option. The company’s high score of 9/10 for its cashflows and debt indicates that it is more than capable of paying off any debt and funding future operations. With such a strong financial foundation, the REIT is a safe bet for investors looking for long-term stability. More…

Peers

DIREIT is one of many real estate investment trusts operating in Canada and is in competition with other established REITs such as Riocan Real Estate Investment Trust, Melcor Real Estate Investment Trust, and Marwest Apartment REIT. These REITs all seek to capitalize on the current real estate market and maximize returns for their investors.

– Riocan Real Estate Investment Trust ($TSX:REI.UN)

Riocan Real Estate Investment Trust is a leading real estate investment trust that owns and manages retail, office, industrial and mixed-use properties in Canada. As of 2023, the company has a market capitalization of 7.07 billion Canadian dollars, which makes it one of the largest real estate investment trusts in Canada. The trust has a diversified portfolio of properties located across Canada, and it is focused on providing investors with stable, long-term returns through rental income and appreciation of its portfolio. Riocan is committed to creating value for its stakeholders by focusing on acquiring and managing quality properties, optimizing occupancy levels and maintaining strong tenant relationships.

– Melcor Real Estate Investment Trust ($TSX:MR.UN)

Melcor Real Estate Investment Trust (Melcor REIT) is a Canadian public company that owns and manages income producing commercial real estate across Canada. As of 2023, it has a market capitalization of 75.7M. The company primarily focuses on acquiring, owning and managing income-producing real estate assets in primary and secondary markets in Canada. Its portfolio consists of office, retail and industrial properties, which are located in Alberta, British Columbia, Saskatchewan, Manitoba, Ontario and Quebec. The company also engages in the development of residential and commercial properties.

– Marwest Apartment REIT ($TSXV:MAR.UN)

Marwest Apartment REIT is a real estate investment trust (REIT) that specializes in the ownership and management of multifamily apartment properties. As of 2023, Marwest Apartment REIT has a market cap of 6.5 million dollars. This market cap reflects the current value of the company, which is determined by the value of its outstanding shares and the number of shares in circulation. Marwest invests in high-quality multifamily properties in desirable locations with strong rental demand. The company also operates a portfolio of value-add properties, which it acquires and improves to generate higher returns for shareholders. With its focus on quality and value, Marwest Apartment REIT aims to deliver long-term value to its shareholders.

Summary

DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST is a reliable option for investors looking to grow their wealth. The company has declared an annual dividend of 0.7 CAD per share for the past three years, offering yields of 5.44%, 5.23%, and 4.61% for 2021-2023 respectively, giving an average dividend yield of 5.09%. This is a good return rate for a trust of this size and stability.

In addition, the trust’s properties are located in major economic markets like Canada and provide further assurance of the trust’s sound investment potential. As such, DREAM INDUSTRIAL offers investors the opportunity to grow their wealth with long-term investments.