Dividend Growth of Duke Realty Corporation(DRE)

Duke Realty Corporation(DRE) is having a Dividend Yield of 3.04% with the Annual cash Dividend per share of $0.73. The last quarter cash dividend per share pay out was $0.19. Duke Realty Corporation has a 5 year average dividend yield of 3.85% and the stock has a Indicated annual dividend of $0.76. Duke Realty Corporation(DRE) formally announced its most recent dividend on January 25, 2017 with a Dividend per share of $0.19. The new indicated annual dividend based on announced dividend per share is $0.76. The dividend yield based on the forward looking indicated annual dividend is 3.04%. Duke Realty Corporation(DRE) has the most recent dividend payout ratio of 0.63 with a 5-year average payout ratio of 0.61. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.02. The 5 year historical dividend growth of Duke Realty Corporation(DRE) is at the rate of 1.61% while the R-Squared dividend growth is 0.54. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Duke Realty Corporation (NYSE:DRE) rose 1.16% or 0.29 points on Thursday and made its way into the gainers of the day. After trading began at $24.96 the stock was seen hitting $25.46 as a peak level and $24.86 as the lowest level. The stock ended up at $25.26. The daily volume was measured at 2,916,172 shares. The 52-week high of the share price is $28.99 and the 52-week low is $19.23. The company has a market cap of $8,960 million. Shares of Duke Realty Corporation appreciated by 1.36% during the last five trading days but lost 5.03% on a 4-week basis. Duke Realty Corporation is up 6.62% in the last 3-month period. Year-to-Date the stock performance stands at -4.18%.

Currently the company Insiders own 0.4% of Duke Realty Corporation shares according to the proxy statements. Institutional Investors own 93.13% of Duke Realty Corporation shares. Company has reported several Insider transactions to the SEC, on Jun 30, 2016, Charles R Eitel (director) sold 3,575 shares at 25.94 per share price.On Jun 24, 2016, Steven R Kennedy (EVP, Construction) sold 26,649 shares at 25.41 per share price.On Jun 9, 2016, Dennis D Oklak (Executive Chairman) sold 75,000 shares at 24.41 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Duke Realty Corp was Upgraded by Mizuho on Feb 6, 2017 to Buy, Price Target of the shares are set at $28.Duke Realty Corp was Reiterated by Stifel on Jan 27, 2017 to Buy, Lowers Price Target to $ 28 from a previous price target of $30 .Duke Realty Corp was Downgraded by UBS on Jan 27, 2017 to Neutral, Lowers Price Target to $ 27 from a previous price target of $28.50 .Duke Realty Corp was Downgraded by Wells Fargo to Market Perform on Dec 13, 2016. Duke Realty Corp was Upgraded by Robert W. Baird on Nov 28, 2016 to Outperform, Price Target of the shares are set at $30.

Duke Realty Corp Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.30. The company had revenue of $204.26 million for the quarter, compared to analysts expectations of $204.91 million. The companys revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS.

Duke Realty Corporation is the largest publicly traded office and industrial real estate company in the United States and a member of the Forbes Super 500. They offer a complete range of real estate products and services.


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