Dream Industrial REIT (TSE:DIR) Announces Monthly Dividend of $0.06

Dream Industrial REIT (TSE:DIR) declared a monthly dividend on Wednesday, May 22nd, Zacks reports. Shareholders of record on Friday, May 31st will be given a dividend of 0.058 per share on Friday, June 14th. This represents a $0.70 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Friday, May 31st.

Dream Industrial REIT Stock Performance

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

Dream Industrial REIT Company Profile

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.