DREUF - Dream Industrial REIT: A 4.2% Yield From A Growing Warehouse REIT

• Dream Industrial REIT is a Canadian REIT with activities in Canada, the USA, and Europe, focusing on logistics and distribution.
• The assets are valued at a capitalization rate of just over 5%, and the stock is trading at a premium of about 10% to NAV.
• Dream continues to issue stock above NAV, which essentially is a non-dilutive way to fund expansion, as the stock issues actually increase the NAV.
• The 4.2% dividend yield is attractive, especially considering the payout ratio is less than 80%. Expect Dream to continue its aggressive growth plans.

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