DCT Industrial Trust Inc. (DCT) Reports In-Line Q4 FFO; Reiterates Outlook; Declares $0.07 Qtr. Dividend; 5.1% Yield

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DCT Industrial Trust Inc. (NYSE: DCT) reported Q4 FFO of $0.10, in-line with the analyst estimate of $0.10. Revenue for the quarter came in at $60.2 million versus the consensus estimate of $60.74 million.

DCT Industrial’s Board of Directors has declared a $0.07 per share quarterly cash dividend, $0.28 annualized.

The dividend is payable on April 19, 2011, to stockholders of record as of April 7, 2011. The ex-dividend date is April 5, 2011.

Yield on the dividend is 5.1%.

Reiterates outlook.

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