Dream Office Real Estate Investment Trust (TSE:D) Plans Monthly Dividend of $0.08

Dream Office Real Estate Investment Trust (TSE:D) declared a monthly dividend on Friday, April 19th, Zacks reports. Shareholders of record on Tuesday, April 30th will be given a dividend of 0.083 per share on Wednesday, May 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Monday, April 29th.

Dream Office Real Estate Investment Trust Price Performance

Dream Office Real Estate Investment Trust (TSE:D) last released its earnings results on Thursday, February 15th. The company reported C($2.20) EPS for the quarter, missing the consensus estimate of C$0.72 by C($2.92). The firm had revenue of C$47.68 million for the quarter.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on D shares. National Bank Financial raised shares of Dream Office Real Estate Investment Trust from a “sector perform under weight” rating to an “outperfrom under weight” rating in a research note on Wednesday. Desjardins upgraded shares of Dream Office Real Estate Investment Trust from a “hold” rating to a “buy” rating in a research report on Friday, February 16th.