Dream Industrial REIT (OTC:DREUF) Sees Positive Outlook from Scotiabank
Financial Modeling Prep·2025-12-18 21:08

Core Insights - Dream Industrial REIT focuses on owning and operating industrial properties in North America and Europe, aiming to provide stable and growing cash distributions to unitholders [1] - Scotiabank upgraded the rating for Dream Industrial REIT to "Outperform," indicating a positive outlook for the stock [2][5] Financial Performance - The stock price of Dream Industrial REIT was approximately $9.16 at the time of the rating upgrade, reflecting a 3.04% increase from previous levels [2] - The stock has shown resilience with a daily trading range between $9.00 and $9.24, the latter being its highest price over the past year [2] - The market capitalization of Dream Industrial REIT is approximately $2.62 billion, indicating a substantial presence in the industrial REIT sector [4] Distribution Information - The company announced a monthly distribution of 5.83 cents per unit, annualized to 70 cents, payable on January 15, 2026 [3][5] - The Trust has decided to suspend its Distribution Reinvestment and Unit Purchase Plan (DRIP) starting with the December distribution [3][5]