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Dream Residential REIT (Dream Residential REIT) Dividend Yield % : 6.58% (As of May. 12, 2024)


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What is Dream Residential REIT Dividend Yield %?

As of today (2024-05-12), the Trailing Annual Dividend Yield of Dream Residential REIT is 6.58%.

Good Sign:

Dream Residential REIT stock dividend yield is close to 2-year high.

The historical rank and industry rank for Dream Residential REIT's Dividend Yield % or its related term are showing as below:

DRREF' s Dividend Yield % Range Over the Past 10 Years
Min: 1.63   Med: 4.34   Max: 6.58
Current: 6.58

During the past 2 years, the highest Dividend Yield of Dream Residential REIT was 6.58%. The lowest was 1.63%. And the median was 4.34%.

DRREF's Dividend Yield % is ranked worse than
54.31% of 836 companies
in the REITs industry
Industry Median: 6.94 vs DRREF: 6.58

Dream Residential REIT's Dividend Payout Ratio for the three months ended in Jun. 2023 was 0.19.

During the past 2 years, the highest Dividend Payout Ratio of Dream Residential REIT was 0.47. The lowest was 0.12. And the median was 0.47.

As of today (2024-05-12), the Forward Dividend Yield % of Dream Residential REIT is 6.58%.

Dream Residential REIT's Dividends per Share for the three months ended in Jun. 2023 was $0.11.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Dream Residential REIT Dividend Yield % Historical Data

The historical data trend for Dream Residential REIT's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dream Residential REIT Dividend Yield % Chart

Dream Residential REIT Annual Data
Trend Dec22 Dec23
Dividend Yield %
- 6.06

Dream Residential REIT Quarterly Data
Feb22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial 0.50 - 2.69 4.38 6.06

Competitive Comparison of Dream Residential REIT's Dividend Yield %

For the REIT - Residential subindustry, Dream Residential REIT's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dream Residential REIT's Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dream Residential REIT's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Dream Residential REIT's Dividend Yield % falls into.



Dream Residential REIT Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Dream Residential REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0350002024-04-292024-04-302024-05-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0350002024-03-272024-03-282024-04-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0350002024-02-282024-02-292024-03-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0350002024-01-302024-01-312024-02-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0350002023-12-282023-12-292024-01-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0350002023-11-292023-11-302023-12-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0350002023-10-302023-10-312023-11-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0350002023-09-282023-09-292023-10-13Cash DividendmonthlyUSD:USD 1.000000
USD 0.0350002023-08-302023-08-312023-09-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0350002023-07-282023-07-312023-08-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0350002023-06-292023-06-302023-07-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.0350002023-05-302023-05-312023-06-15Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Dream Residential REIT's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.42/6.38
=6.58 %

Current Share Price is $6.38.
Dream Residential REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.42.

Dream Residential REIT's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.42/6.38
=6.58 %

Current Share Price is $6.38.
Dream Residential REIT's Dividends per Share for the forward twelve months is calculated as $0.035 * 12 = $0.42.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dream Residential REIT  (OTCPK:DRREF) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Dream Residential REIT Dividend Yield % Related Terms

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Dream Residential REIT (Dream Residential REIT) Business Description

Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.

Dream Residential REIT (Dream Residential REIT) Headlines