Dream Residential Real Estate Investment Trust (DRR) To Go Ex-Dividend on July 31st

Dream Residential Real Estate Investment Trust (TSE:DRR) announced 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 dividend on an annualized basis 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:DRR) last released its earnings results on Wednesday, May 8th. The company reported C$0.06 EPS for the quarter, missing analysts’ consensus estimates of C$0.24 by C($0.18). The firm had revenue of C$16.20 million during the quarter.

Analyst Ratings Changes

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