Key Developments: DCT Industrial Trust Inc (DCT.N)
7.50USD
1 Aug 2013
$-0.01 (-0.13%)
$7.51
$7.56
$7.65
$7.47
1,203,321
1,161,201
$8.44
$5.99
Latest Key Developments (Source: Significant Developments)
Dct Industrial Trust Inc Narrows FY 2013 FFO Guidance To A Range In Line With Analysts' Estimates
Dct Industrial Trust Inc announced that it has narrowed fiscal 2013 FFO guidance, as adjusted, to $0.42 to $0.45 per diluted share, from $0.41 to $0.46. Additionally, net income attributable to common stockholders and unitholders is expected to be between $0.01 and $0.04 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report FFO of $0.44 for fiscal 2013. Full Article
Dct Industrial Trust Inc Declares Quarterly Cash Dividend
Dct Industrial Trust Inc announced that the Board of Directors has declared a $0.07 per share quarterly cash dividend, payable on October 16, 2013 to stockholders of record as of October 4, 2013. Full Article
Dct Industrial Trust Inc Under Contract To Sell Entire Mexico Portfolio
DCT Industrial Trust Inc. announced that it has entered into a contract to sell its entire portfolio of Mexico assets to an investment trust of Macquarie Mexican REIT. The agreement provides for a sale price of $82.7 million and is expected to close in the late third or early fourth quarter, 2013. Purchaser has completed due diligence but the transaction remains subject to certain closing conditions. Full Article
Dct Industrial Trust Inc Raises FY 2013 FFO Guidance; Declares Quarterly Cash Dividend
Dct Industrial Trust Inc announced that it has increased fiscal 2013 FFO guidance, as adjusted, to $0.41 to $0.46 per diluted share, up from $0.40 to $0.45. Additionally, net loss attributable to common stockholders and unitholders is expected to be between $(0.07) and $(0.02) per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report FFO of $0.43 for fiscal 2013. The Company also announced that the Board of Directors has declared a $0.07 per share quarterly cash dividend, payable on July 17, 2013 to stockholders of record as of July 5, 2013. Full Article
Dct Industrial Trust Inc Issues FY 2013 FFO Guidance Above Analysts' Estimates-Conference Call
Dct Industrial Trust Inc announced that for fiscal 2013, it expects FFO with a range of $0.40 to $0.45 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report FFO of $0.30 for fiscal 2013. Full Article
Dct Industrial Trust Inc Declares Dividend
Dct Industrial Trust Inc announced that Board of Directors has declared a $0.07 per share quarterly cash dividend, payable on April 17, 2013, to stockholders of record as of April 5, 2013. Full Article
Dct Industrial Trust Inc Announces Promotion of Jeffrey F. Phelan to President
Dct Industrial Trust Inc announced that Jeffrey F. Phelan has been promoted to President of the Company, effective January 1, 2013. Full Article
Dct Industrial Trust Inc Announces Dividend
Dct Industrial Trust Inc announced that its Board of Directors has declared a $0.07 per share quarterly cash dividend, payable on January 10, 2013 to stockholders of record as of December 28, 2012. Full Article
Dct Industrial Trust Inc Raises Low End Of Prior FY 2012 FFO Guidance
Dct Industrial Trust Inc announced that for fiscal 2012, it expects FFO guidance, as adjusted, to $0.40 to $0.42 per diluted share and net loss attributable to common stockholders and unitholders to be between $(0.09) and $(0.07) per diluted share. Full Article
Dct Industrial Trust Inc Announces Closing of Public Offering of Common Stock
Dct Industrial Trust Inc announced that it closed its previously announced public offering of common stock. The Company sold a total of 18,975,000 shares of common stock in the offering, which included the full exercise of the underwriters’ option to purchase additional shares. The net proceeds to the Company from the offering, after underwriting discounts and commissions and estimated offering expenses, are approximately $112.2 million. The Company intends to use the net proceeds received from this offering for future acquisitions, development activities, repayment of amounts outstanding under its senior unsecured revolving credit facility, general corporate purposes, or a combination of the foregoing. BofA Merrill Lynch, J.P. Morgan, Wells Fargo Securities and Citigroup acted as the joint book-running managers for the offering. Full Article

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