Dream Industrial REIT (TSE:DIR) – Investment analysts at National Bank Financial issued their Q3 2018 earnings per share (EPS) estimates for Dream Industrial REIT in a report released on Wednesday, October 17th, according to Zacks Investment Research. National Bank Financial analyst M. Kornack anticipates that the company will earn $0.21 per share for the quarter. National Bank Financial also issued estimates for Dream Industrial REIT’s FY2018 earnings at $0.86 EPS and FY2019 earnings at $0.90 EPS.
Dream Industrial REIT (TSE:DIR) last announced its quarterly earnings results on Tuesday, August 7th. The company reported C$0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.23 by C($0.07). The company had revenue of C$47.53 million during the quarter.
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 15th. Shareholders of record on Wednesday, October 31st will be paid a $0.058 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 7.37%. The ex-dividend date of this dividend is Tuesday, October 30th.
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.
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