Dream Industrial REIT is a pure-play industrial REIT that owns light industrial properties across Canada. It is an unincorporated, open-ended real estate trust. Dream Industrial also provides other real estate services like property management and leasing.
The REIT owns and operates a portfolio of 209 light industrial properties comprising approximately 21.6 million square feet of gross leasable area. These properties are geographically well diversified and located in key markets across Canada and the U.S.
Dream Industrial’s long-standing strategic partnership with Dream and Pauls Corp. helps it acquire, manage and develop new industrial properties in North America. Dream Industrial’s portfolio comprises of high quality, well-leased, and strategically located assets. It also provides a good mix of single (40% of the portfolio) and multi-tenant (60%) buildings.
Dream Industrial REIT Stock Details
- Ticker: tse:dir.un
- Sector: Real Estate
- Industry: REIT - Industrial
- Market Cap: 3.53B
- Market Cap Group: Mid Cap
- P/E: 34.57
- Dividend Yield: 5.42%
- Grade: C
- Dividend Aristocrat: NO
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 3/10
- Dividend Income Fit: 5/10
DIR.UN Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| GRT.UN | TSE:GRT.UN | Granite REIT | 4.76 | 35.19 | 4.38 | YES | 1 | 10 | 81 |
| SMU.UN | TSE:SMU.UN | Summit Industrial Income REIT | 4.41 | 8.77 | 0.00 | NO | 1 | 10 | 81 |
| DIR.UN | TSE:DIR.UN | Dream Industrial | 3.53 | 34.57 | 5.42 | NO | 1 | 10 | 81 |
| NXR.UN | TSE:NXR.UN | Nexus Industrial REIT | 0.54 | 6.49 | 8.12 | NO | 1 | 10 | 81 |
Dream Industrial - FAQ
What is the stock ticker for Dream Industrial?
The stock ticker for Dream Industrial is TSE:dir.un.
Is Dream Industrial a good stock to buy?
You need to consider your investment strategy and how TSE:dir.un can fit in your portfolio.
The current dividend income score of 5/10 and dividend growth score of 3/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Dream Industrial a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 46 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Dream Industrial?
You can easily buy the DIR.UN stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.