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. The Trust owns over 210 light industrial income-producing properties totaling approximately 16 million square feet of gross leasable area (GLA).
Industry, Sector and Symbol
Stock Exchange TSE
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolTSE:DIR
CUSIPN/A
Phone+1-416-3653535
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins21.60%
Return on Equity6.19%
Return on Assets2.18%
Miscellaneous
EmployeesN/A
Outstanding Shares61,010,000
Market CapC$711.89 million
Dream Industrial REIT (TSE:DIR) Frequently Asked Questions
What is Dream Industrial REIT's stock symbol?
Dream Industrial REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "DIR."
How often does Dream Industrial REIT pay dividends? What is the dividend yield for Dream Industrial REIT?
Dream Industrial REIT declared a monthly dividend on Thursday, July 19th. Stockholders of record on Tuesday, July 31st will be given a dividend of 0.058 per share on Wednesday, August 15th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 7.37%. The ex-dividend date of this dividend is Monday, July 30th. View Dream Industrial REIT's Dividend History.
How were Dream Industrial REIT's earnings last quarter?
Dream Industrial REIT (TSE:DIR) released its earnings results on Tuesday, August, 7th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.23 by $0.07. The business earned $47.53 million during the quarter. Dream Industrial REIT had a net margin of 21.60% and a return on equity of 6.19%. View Dream Industrial REIT's Earnings History.
When is Dream Industrial REIT's next earnings date?
What is the consensus analysts' recommendation for Dream Industrial REIT?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dream Industrial REIT in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Dream Industrial REIT.
Who are Dream Industrial REIT's key executives?
Dream Industrial REIT's management team includes the folowing people:
- Vincenza Sera, Chairman of the Board of Trustees (Age 60)
- Brent P. Chapman, President (Age 53)
- Brian Pauls, Chief Executive Officer
- Lenis W. Quan, Chief Financial Officer (Age 42)
- Yanick Frappier, Senior Vice President - Portfolio Management (Age 42)
- Joe Iadeluca, Senior Vice President- Portfolio Management for Dundee Industrial REIT, Central/Eastern Canada (Age 57)
- Nick Stryland, Vice President - Portfolio Management, Central Region (Age 40)
- Michael J. Cooper, Non-Independent Trustee (Age 56)
- Robert G. Goodall, Independent Trustee (Age 59)
- John Michael Arthur Knowlton, Independent Trustee (Age 61)
Has Dream Industrial REIT been receiving favorable news coverage?
Media headlines about DIR stock have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dream Industrial REIT earned a coverage optimism score of 0.16 on Accern's scale. They also assigned news stories about the company an impact score of 45.56 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Dream Industrial REIT.
How do I buy shares of Dream Industrial REIT?
Shares of DIR and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Dream Industrial REIT's stock price today?
One share of DIR stock can currently be purchased for approximately C$9.44.
How big of a company is Dream Industrial REIT?
Dream Industrial REIT has a market capitalization of C$711.89 million.
How can I contact Dream Industrial REIT?
Dream Industrial REIT's mailing address is 30 Adelaide St E Suite 301, TORONTO, ON M5C 3H1, Canada. The company can be reached via phone at +1-416-3653535.
MarketBeat Community Rating for Dream Industrial REIT (TSE DIR)
MarketBeat's community ratings are surveys of what our community members think about Dream Industrial REIT and other stocks. Vote "Outperform" if you believe DIR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DIR will underperform the S&P 500 over the long term. You may vote once every thirty days.
