Dream Global REIT Declares Monthly Dividend of C$0.07 (DRG.UN)
Dream Global REIT (TSE:DRG.UN) announced a Monthly dividend on Wednesday, August 27th, ARN reports. Shareholders of record on Monday, September 15th will be paid a dividend of 0.0667 per share on Monday, September 15th. This represents a dividend yield of 8.4%. The ex-dividend date is Wednesday, August 27th.
A number of research firms have recently commented on DRG.UN. Analysts at National Bank Financial reiterated a “sector perform” rating on shares of Dream Global REIT in a research note on Friday, August 8th. They now have a C$10.25 price target on the stock, up previously from C$10.00. On the ratings front, analysts at NBF raised their price target on shares of Dream Global REIT from C$10.00 to C$10.25 in a research note on Friday, August 8th. Finally, analysts at Scotiabank reiterated a “sector perform” rating on shares of Dream Global REIT in a research note on Thursday, August 7th. They now have a C$10.00 price target on the stock.
Dream Global REIT, formerly Dundee International Real Estate Investment Trust, is an unincorporated, open-ended real estate investment trust (TSE:DRG) that was formed to provide investors with the opportunity to invest in real estate exclusively outside of Canada.
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