DCT Industrial Trust (DCT) Reports In-Line Q1 FFO; Increases FY11 FFO Outlook; Declares $0.07 Qtr. Dividend; 4.9% Yield

May 2, 2011 4:53 PM EDT
DCT Industrial Trust Inc. (NYSE: DCT) reported Q1 FFO of $0.09, in-line with the analyst estimate of $0.09. Revenue for the quarter came in at $63.35 million versus the consensus estimate of $59.72 million.

Increases FY2011 FFO from $0.33 - $0.38 to $0.34-$0.38, versus the consensus of $0.36.

DCT Industrial's Board of Directors has declared a $0.07 per share quarterly cash dividend, payable on July 19, 2011, to stockholders of record as of July 7, 2011, with an ex-dividend date of July 5, 2011.

Yield on the dividend is 4.9 percent.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Dividends, Earnings, Guidance

Related Entities

Dividend