Desjardins Issues Pessimistic Forecast for TSE:DIR Earnings

Dream Industrial REIT (TSE:DIR) – Investment analysts at Desjardins reduced their FY2026 earnings per share estimates for Dream Industrial REIT in a report released on Wednesday, November 6th. Desjardins analyst K. Stanley now anticipates that the company will earn $1.16 per share for the year, down from their prior estimate of $1.17.

Separately, Ventum Cap Mkts raised shares of Dream Industrial REIT to a “strong-buy” rating in a report on Monday, July 29th.

Dream Industrial REIT Stock Performance

Dream Industrial REIT has a twelve month low of C$8.08 and a twelve month high of C$9.49.

Dream Industrial REIT Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be given a dividend of $0.058 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.70 dividend on an annualized basis and a yield of ∞.

About Dream Industrial REIT

Dream Industrial Real Estate Investment Trust is an open-ended investment trust. The Trust’s objective is managing its business to provide growing cash flow and stable and sustainable returns, through adapting its strategy and tactics to changes in the real estate industry and the economy; building and maintaining a diversified, growth-oriented portfolio of light industrial properties in Canadian markets based on an established platform; providing predictable and sustainable cash distributions to unitholders while prudently managing its capital structure over time, and maintaining a REIT that satisfies the REIT exception under the specified investment flow-through (SIFT) legislation in order to provide certainty to unitholders with respect to taxation of distributions.