DIR-UN Dividend History & Analysis | 5.3% Yield

DIR-UN has a dividend yield of 5.3% and paid 0.7 CAD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 5.33%
Payout Ratio 109.7%
Growth Rate CAGR 5y 0%
Consistency Lifetime 89.1%
Yield on Cost 5y 5.5%
Payout FCF 316.5%
Streak Years 2
Dividend Rating 46.3%
Chowder Number yield + growth 5.4% below 12% target for healthy growth
Yield vs Average 5y +8.9% avg 4.89% vs now 5.33%
Debt / EBITDA leverage 9.6x elevated
Income per 10k invested 533 CAD per year
Dividends Cash Amount per Share Yearly DIR-UN annual dividends paid per share, showing the total cash Dream Industrial Real distributed to shareholders each year.
Dividend Growth Year over Year DIR-UN year-over-year dividend growth rate, showing how Dream Industrial Real's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History DIR-UN dividend yield history versus share price over the past 5 years, showing how Dream Industrial Real's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) ■ Price (left)

Top Dividend Payers in Industrial REITs

Top 4 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
STAG NYSE
STAG Industrial
7,264 M 3.78% 4.01%
EGP NYSE
EastGroup Properties
10,422 M 3.32% 3.63%
FR NYSE
First Industrial Realty
7,366 M 3.28% 3.67%
TRNO NYSE
Terreno Realty
7,311 M 3.38% 3.23%
Top 4 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
FR NYSE
First Industrial Realty
7,366 M 14.88% 100.0%
TRNO NYSE
Terreno Realty
7,311 M 10.22% 100.0%
EGP NYSE
EastGroup Properties
10,422 M 8.03% 100.0%
STAG NYSE
STAG Industrial
7,264 M 6.48% 91.7%

DIR-UN Dividend History

Dividend Monthly Return EX date, 5 years of data

Jan 0.43% 100
Feb 0.42% 100
Mar 0.44% 100
Apr 0.45% 100
May 0.45% 100
Jun 0.46% 100
Jul 0.44% 100
Aug 0.45% 100
Sep 0.47% 100
Oct 0.48% 100
Nov 0.45% 100
Dec 0.44% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 50 Payments (CAD) as of November 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-10-30 2026-10-30 2026-11-13 Monthly 0.0598 0% 0.47%
2026-09-29 2026-09-30 2026-10-15 Monthly 0.0598 0% 0.47%
2026-08-31 2026-08-31 2026-09-15 Monthly 0.0598 +2.5% 0.44%
2026-07-31 2026-07-31 2026-08-14 Monthly 0.0583 0% 0.4%
2026-06-30 2026-06-30 2026-07-15 Monthly 0.0583 0% 0.41%
2026-05-29 2026-05-29 2026-06-15 Monthly 0.0583 0% 0.42%
2026-04-30 2026-04-30 2026-05-15 Monthly 0.0583 0% 0.43%
2026-03-31 2026-03-31 2026-04-15 Monthly 0.0583 0% 0.47%
2026-02-27 2026-02-27 2026-03-13 Monthly 0.0583 0% 0.44%
2026-01-30 2026-01-30 2026-02-13 Monthly 0.0583 0% 0.45%
2025-12-31 2025-12-31 2026-01-15 Monthly 0.0583 0% 0.46%
2025-11-28 2025-11-28 2025-12-15 Monthly 0.0583 0% 0.47%
2025-10-31 2025-10-31 2025-11-14 Monthly 0.0583 0% 0.49%
2025-09-29 2025-09-30 2025-10-15 Monthly 0.0583 0% 0.47%
2025-08-29 2025-08-29 2025-09-15 Monthly 0.0583 0% 0.47%
2025-07-31 2025-07-31 2025-08-15 Monthly 0.0583 0% 0.5%
2025-06-30 2025-06-30 2025-07-15 Monthly 0.0583 0% 0.5%
2025-05-30 2025-05-30 2025-06-13 Monthly 0.0583 0% 0.52%
2025-04-30 2025-04-30 2025-05-15 Monthly 0.0583 0% 0.56%
2025-03-31 2025-03-31 2025-04-15 Monthly 0.0583 0% 0.52%
2025-02-28 2025-02-28 2025-03-14 Monthly 0.0583 0% 0.5%
2025-01-31 2025-01-31 2025-02-14 Monthly 0.0583 0% 0.49%
2024-12-31 2024-12-31 2025-01-15 Monthly 0.0583 0% 0.49%
2024-11-29 2024-11-29 2024-12-13 Monthly 0.0583 0% 0.47%
2024-10-31 2024-10-31 2024-11-15 Monthly 0.0583 0% 0.44%
2024-09-27 2024-09-30 2024-10-15 Monthly 0.0583 0% 0.4%
2024-08-30 2024-08-30 2024-09-13 Monthly 0.0583 0% 0.43%
2024-07-31 2024-07-31 2024-08-15 Monthly 0.0583 0% 0.43%
2024-06-28 2024-06-28 2024-07-15 Monthly 0.0583 0% 0.46%
2024-05-31 2024-05-31 2024-06-14 Monthly 0.0583 0% 0.48%
2024-04-29 2024-04-30 2024-05-15 Monthly 0.0583 0% 0.47%
2024-03-27 2024-03-28 2024-04-15 Monthly 0.0583 0% 0.46%
2024-02-28 2024-02-29 2024-03-15 Monthly 0.0583 0% 0.44%
2024-01-30 2024-01-31 2024-02-15 Monthly 0.0583 0% 0.42%
2023-12-28 2023-12-29 2024-01-15 Monthly 0.0583 0% 0.42%
2023-11-29 2023-11-30 2023-12-15 Monthly 0.0583 0% 0.47%
2023-10-30 2023-10-31 2023-11-15 Monthly 0.0583 0% 0.51%
2023-09-28 2023-09-29 2023-10-13 Monthly 0.0583 0% 0.46%
2023-08-30 2023-08-31 2023-09-15 Monthly 0.0583 0% 0.42%
2023-07-28 2023-07-31 2023-08-15 Monthly 0.0583 0% 0.41%
2023-06-29 2023-06-30 2023-07-14 Monthly 0.0583 0% 0.43%
2023-05-30 2023-05-31 2023-06-15 Monthly 0.0583 0% 0.42%
2023-04-27 2023-04-28 2023-05-15 Monthly 0.0583 0% 0.4%
2023-03-30 2023-03-31 2023-04-14 Monthly 0.0583 0% 0.41%
2023-02-27 2023-02-28 2023-03-15 Monthly 0.0583 0% 0.39%
2023-01-30 2023-01-31 2023-02-15 Monthly 0.0583 0% 0.43%
2022-12-29 2022-12-30 2023-01-13 Monthly 0.0583 0% 0.51%
2022-11-29 2022-11-30 2022-12-15 Monthly 0.0583 0% 0.49%
2022-10-28 2022-10-31 2022-11-15 Monthly 0.0583 0% 0.52%
2022-09-28 2022-09-30 2022-10-14 Monthly 0.0583 0% 0.56%

DIR-UN Dividend FAQ

What is the Dividend Yield of DIR-UN?

As of November 2026, DIR-UN's dividend yield is 5.33%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.70 CAD by the current share price of 12.57.

Does DIR-UN pay a dividend?

As of November 2026, DIR-UN paid a dividend of 0.70 CAD in the last 12 months. The last dividend was paid on 2026-10-30 and the payout was 0.05979 CAD.

How often does DIR-UN pay dividends?

DIR-UN pays dividends monthly. Over the last 12 months, DIR-UN has issued 12 dividend payments. The last dividend payment was made on 2026-10-30.

DIR-UN dividend forecast

Based on historical data, the forecasted dividends per share for DIR-UN for the next payments are between 0.06 (+0.4%) and 0.064 (+7.0%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 5.93%.

Will DIR-UN pay dividends in 2026?

The latest dividend paid per share was 0.05979 CAD with an Ex-Dividend Date of 2026-10-30. The next Ex-Dividend date for Dream Industrial Real (DIR-UN) is currently unknown.

What is the next Ex-Dividend Date for DIR-UN?

The next Ex-Dividend date for Dream Industrial Real (DIR-UN) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of DIR-UN?

DIR-UN's average dividend growth rate over the past 5 years is 0.02% per year. Weak growth: DIR-UN's dividend growth is lower than inflation.

What is the Yield on Cost of DIR-UN?

DIR-UN's 5-Year Yield on Cost is 5.50%. If you bought DIR-UN's shares at 12.81 CAD five years ago, your current annual dividend income (0.70 CAD per share, trailing 12 months) equals 5.50% of your original purchase price.

What is the Payout Consistency of DIR-UN?

DIR-UN Payout Consistency is 89.1%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Moderately consistent: Dream Industrial Real has a good track record of consistent dividend payments over its lifetime.

Does DIR-UN have a good Dividend Yield?

DIR-UN's 5.33% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of DIR-UN?

The Dividend Payout Ratio of DIR-UN is 109.7%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of DIR-UN?

DIR-UN's Overall Dividend Rating is 46.27%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

DIR-UN Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in DIR-UN's Outstanding Shares?

Dream Industrial Real's outstanding shares have increased by approximately 0.16% annually over the past 3 years (Trend Reliability: 53.9%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has DIR-UN ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2012 36,257,500 0%
2013 81,196,000 +123.94%
2014 86,773,000 +6.87%
2015 87,608,000 +0.96%
2016 88,892,000 +1.47%
2017 102,914,000 +15.77%
2018 119,194,700 +15.82%
2019 163,296,000 +37%
2020 185,808,000 +13.79%
2021 229,472,000 +23.5%
2022 274,756,000 +19.73%
2023 286,068,000 +4.12%
2024 291,299,000 +1.83%
2025 294,579,000 +1.13%
2026 288,916,000 -1.92%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-10-31 02:38 UTC