Dream Office Real Estate Investment Trust (OTCMKTS:DRETF – Get Free Report) shares were up 10.3% during mid-day trading on Wednesday . The stock traded as high as $13.80 and last traded at $13.62. Approximately 305 shares changed hands during trading, a decline of 92% from the average daily volume of 3,912 shares. The stock had previously closed at $12.35.
Dream Office Real Estate Investment Trust Price Performance
The firm has a 50-day moving average of $13.37 and a 200 day moving average of $11.27.
Dream Office Real Estate Investment Trust Cuts Dividend
The business also recently disclosed a dividend, which was paid on Monday, July 15th. Shareholders of record on Monday, July 1st were given a $0.0605 dividend. This represents a yield of 5.41%. The ex-dividend date of this dividend was Friday, June 28th. Dream Office Real Estate Investment Trust’s payout ratio is presently 99.84%.
Dream Office Real Estate Investment Trust Company Profile
Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world.
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