DRREF
Price:
$10.71
Market Cap:
$211.15M
Dream Residential REIT is a newly created, unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns an initial portfolio of 16 garden-style multi-residential properties, consisting of 3,432 units primarily located in three markets across the Sunbelt and Midwest regions of the United States.
Industry
REIT - Residential
IPO Date
2022-08-31
Stock Exchange
OTC
Ticker
DRREF
According to Dream Residential Real Estate Investment Trust’s latest financial reports and current stock price. The company's current Dividend Yield is 3.92%. This represents a change of 201.15% compared to the average of 1.30% of the last 4 quarters.
The mean historical Dividend Yield of Dream Residential Real Estate Investment Trust over the last ten years is 4.20%. The current 3.92% Dividend Yield has changed -6.76% with respect to the historical average. Over the past ten years (40 quarters), DRREF's Dividend Yield was at its highest in in the December 2022 quarter at 2.54%. The Dividend Yield was at its lowest in in the June 2022 quarter at 0.32%.
Average
4.20%
Median
5.15%
Minimum
0%
Maximum
6.50%
Discovering the peaks and valleys of Dream Residential Real Estate Investment Trust Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Dividend Yield = 6.50%
Minimum Annual Increase = 0%
Minimum Annual Dividend Yield = 0%
| Year | Dividend Yield | Change |
|---|---|---|
| 2024 | 6.50% | 4.18% |
| 2023 | 6.24% | 53.65% |
| 2022 | 4.06% | Infinity% |
The current Dividend Yield of Dream Residential Real Estate Investment Trust (DRREF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.60%
5-year avg
4.20%
10-year avg
4.20%
Dream Residential Real Estate Investment Trust’s Dividend Yield is less than US Masters Residential Property Fund (37.93%), less than Firm Capital Property Trust (8.78%), greater than Lai Sun Development Company Limited (0%), less than Merchants' National Properties, Inc. (4.28%), greater than China Dili Group (0%), less than Far East Consortium International Limited (1.39%), greater than Shanghai Industrial Urban Development Group Limited (0%), less than Diamond Lake Minerals, Inc. (0%), greater than Maxus Realty Trust, Inc. (0%), less than Prosperity Real Estate Investment Trust (8.01%),
| Company | Dividend Yield | Market cap |
|---|---|---|
| 37.93% | $107.03M | |
| 8.78% | $159.15M | |
| 0% | $72.67M | |
| 4.28% | $169.53M | |
| 0% | $187.88M | |
| 1.39% | $189.35M | |
| 0% | $191.22M | |
| 0% | $197.63M | |
| 0% | $78.10M | |
| 8.01% | $215.09M |
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