DIR.UN dividend yield calculator – Dream Industrial Real Estate Investment Trust Announces 0.05833 Cash Dividend
January 30, 2023
Dividends Yield
DIR.UN dividend yield calculator – On January 23 2023, Dream Industrial Real ($TSX:DIR.UN) Estate Investment Trust (DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST) announced a 0.05833 cash dividend for its shareholders. DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST is a Canadian real estate investment trust that focuses on owning, acquiring and managing industrial and logistics properties in major markets across Canada. It has issued a dividend of 0.7 CAD per share for the past three years, with dividend yields of 4.74%, 4.61%, and 6.15% in 2020, 2021, and 2022 respectively, and an average dividend yield of 5.17%. The company is well-positioned to benefit from the strong industrial and logistics market in Canada, and its portfolio includes a diversified mix of properties such as industrial warehouses, distribution centers, light industrial properties and more.
The company’s portfolio is also concentrated in major markets across the country, such as Toronto, Montreal, Edmonton, Winnipeg and Vancouver. DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST has an experienced management team with deep expertise in the industrial and logistics sector and has a strong track record of delivering strong returns for its shareholders. Its strong portfolio of assets, experienced management team and consistent dividend payouts make it a great addition to any investor’s portfolio.
Share Price
The news sent the share price of the trust higher, with the stock opening at CA$13.7 and closing at CA$13.8, up 1.2% from the previous closing price of CA$13.6. This marks the second consecutive dividend increase for DREAM, highlighting the trust’s commitment to rewarding shareholders. DREAM’s portfolio is well diversified, with exposure to a variety of industries including automotive, manufacturing, and retail.
The trust’s strong balance sheet and attractive dividend yield make it an attractive option for investors looking to gain exposure to Canadian real estate. DREAM is an experienced and well-established trust in the Canadian real estate market, and its dividend increase is a sign of confidence in its ability to generate stable returns for shareholders in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for DIR.UN. More…
| Total Revenues | Net Income | Net Margin |
| 349.99 | 930 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for DIR.UN. More…
| Operations | Investing | Financing |
| 189.09 | -1.76k | 1.5k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for DIR.UN. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.96k | 2.55k | 14.96 |
Key Ratios Snapshot
Some of the financial key ratios for DIR.UN are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 66.8% |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis
Analysis of DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST is made easier thanks to the VI app, which reflects the company’s long-term potential. The VI Star Chart shows that DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST has a high health score of 10/10 with regard to its cashflows and debt, indicating it is capable of sustaining future operations in times of crisis. DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST is also strong in asset, growth, and profitability, and medium in dividend. As such, it is classified as a ‘cow’, a type of company that has a track record of paying out consistent and sustainable dividends. Investors who are looking for a reliable and secure investment option may find DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST to be an attractive choice. Its high health score indicates a stable cash flow and debt, while its strong asset, growth, and profitability ratings suggest potential long-term gains. Furthermore, the company’s classification as a ‘cow’ means investors can expect consistent and sustainable dividends. For these reasons, investors seeking a dependable security may find DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST to be a suitable option. More…
VI 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 INDUSTRAL REAL ESTATE INVESTMENT TRUST is a potential investment opportunity for dividend investors. Over the past three years, the company has consistently issued a dividend of 0.7 CAD per share, which has yielded an average of 5.17%. This is significantly higher than the current dividend yields of many of its competitors, making it an attractive option for investors looking to maximize their returns. Additionally, with an ex-dividend date of January 30 2023, investors have plenty of time to research the company and make an informed decision. When considering investing in DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST, investors should take into account the company’s financials and management team as well as any potential risks associated with the investment. The trust is a relatively safe investment option as it has a history of consistent dividend payments and offers higher yields than other companies in its sector.
However, investors should always exercise caution when investing and conduct their own due diligence before making a decision.
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