Dream Residential Real Estate Investment Trust (TSE:DRR) Plans Monthly Dividend of $0.04

Dream Residential Real Estate Investment Trust (TSE:DRRGet Free Report) declared a monthly dividend on Monday, July 22nd, Zacks reports. Shareholders of record on Wednesday, July 31st will be paid a dividend of 0.035 per share on Thursday, August 15th. This represents a $0.42 annualized dividend and a yield of ∞. The ex-dividend date is Wednesday, July 31st.

Dream Residential Real Estate Investment Trust Stock Performance

Dream Residential Real Estate Investment Trust (TSE:DRRGet Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The company reported C$0.06 EPS for the quarter, missing the consensus estimate of C$0.24 by C($0.18). The business had revenue of C$16.20 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Scotiabank lowered Dream Residential Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 14th.

Check Out Our Latest Analysis on DRR

Featured Stories

Dividend History for Dream Residential Real Estate Investment Trust (TSE:DRR)

Receive News & Ratings for Dream Residential Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dream Residential Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.