Dream Office Real Estate Investment Trust (OTCMKTS:DRETF – Get Free Report)’s stock price traded up 0.8% on Monday . The company traded as high as $15.83 and last traded at $15.83. 147 shares were traded during mid-day trading, a decline of 96% from the average session volume of 3,691 shares. The stock had previously closed at $15.70.
Dream Office Real Estate Investment Trust Price Performance
The business’s 50-day moving average is $13.54 and its two-hundred day moving average is $13.08.
Dream Office Real Estate Investment Trust Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, September 13th. Investors of record on Monday, September 2nd were issued a dividend of $0.0611 per share. The ex-dividend date of this dividend was Friday, August 30th. This is a boost from Dream Office Real Estate Investment Trust’s previous dividend of $0.06. This represents a yield of 5.53%. Dream Office Real Estate Investment Trust’s payout ratio is currently 99.84%.
About Dream Office Real Estate Investment Trust
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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