Dream Office Real Estate Investment Trust Plans Dividend of $0.06 (OTCMKTS:DRETF)

Dream Office Real Estate Investment Trust (OTCMKTS:DRETFGet Rating) declared a dividend on Thursday, September 22nd, investing.com reports. Shareholders of record on Friday, September 30th will be paid a dividend of 0.0625 per share on Friday, October 14th. This represents a yield of 5.82%. The ex-dividend date of this dividend is Thursday, September 29th.

Dream Office Real Estate Investment Trust Stock Down 3.6 %

Shares of DRETF stock opened at $12.41 on Friday. The firm’s 50-day moving average is $14.60 and its two-hundred day moving average is $17.57. Dream Office Real Estate Investment Trust has a 12 month low of $12.41 and a 12 month high of $23.72.

Analyst Upgrades and Downgrades

Separately, National Bank Financial reduced their price target on shares of Dream Office Real Estate Investment Trust from C$27.00 to C$19.00 in a research note on Wednesday, July 20th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $27.03.

Dream Office Real Estate Investment Trust Company Profile

(Get Rating)

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT owns well-located, high-quality office properties, primarily in downtown Toronto.

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Dividend History for Dream Office Real Estate Investment Trust (OTCMKTS:DRETF)

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