Dream Office Real Estate Investment Trust (OTCMKTS:DRETF – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totalling 247,400 shares, a decrease of 5.7% from the August 31st total of 262,300 shares. Based on an average daily trading volume, of 2,700 shares, the short-interest ratio is currently 91.6 days.
Dream Office Real Estate Investment Trust Price Performance
Dream Office Real Estate Investment Trust stock opened at $16.74 on Tuesday. The stock has a fifty day simple moving average of $14.25 and a two-hundred day simple moving average of $13.51. Dream Office Real Estate Investment Trust has a 12 month low of $10.80 and a 12 month high of $17.13.
Dream Office Real Estate Investment Trust Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.0614 per share. The ex-dividend date of this dividend is Friday, September 27th. This is a boost from Dream Office Real Estate Investment Trust’s previous dividend of $0.06. This represents a dividend yield of 4.37%. Dream Office Real Estate Investment Trust’s dividend payout ratio (DPR) is 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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