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DCT Industrial Trust Inc (DCT.N)

DCT.N on New York Stock Exchange

66.28USD
8:24pm IST
Change (% chg)

$0.54 (+0.82%)
Prev Close
$65.74
Open
$65.71
Day's High
$66.28
Day's Low
$65.67
Volume
35,248
Avg. Vol
254,517
52-wk High
$68.37
52-wk Low
$52.60

Latest Key Developments (Source: Significant Developments)

Prologis to acquire DCT Industrial Trust for $8.4 bln
Monday, 30 Apr 2018 

April 29 (Reuters) - Prologis Inc ::PROLOGIS TO ACQUIRE DCT INDUSTRIAL TRUST FOR $8.4 BILLION.PROLOGIS WILL ACQUIRE DCT FOR $8.4 BILLION IN A STOCK-FOR-STOCK TRANSACTION, INCLUDING ASSUMPTION OF DEBT.UNDER TERMS OF AGREEMENT, DCT SHAREHOLDERS WILL RECEIVE 1.02 PROLOGIS SHARES FOR EACH DCT SHARE THEY OWN.DEAL ANTICIPATED TO CREATE SUBSTANTIAL SYNERGIES, INCLUDING NEAR-TERM SYNERGIES OF ABOUT $80 MILLION IN ADMINISTRATIVE COST SAVINGS.BOARDS OF DIRECTORS OF BOTH COMPANIES HAVE UNANIMOUSLY APPROVED TRANSACTION..  Full Article

DCT Industrial Trust reports Q3 earnings per share $0.28
Friday, 3 Nov 2017 

Nov 2 (Reuters) - DCT Industrial Trust Inc :DCT Industrial Trust Inc reports third quarter 2017 results.Q3 adjusted FFO per share $0.61.Q3 earnings per share $0.28.Q3 earnings per share view $0.16 -- Thomson Reuters I/B/E/S.DCT Industrial Trust Inc qtrly ‍consolidated operating occupancy increased to 98.0 percent​.DCT Industrial Trust Inc - ‍raised and narrowed 2017 FFO guidance, as adjusted, to between $2.44 and $2.46 per diluted share​.DCT Industrial Trust Inc - ‍increased quarterly dividend to $0.36, a 16.1 percent increase​.  Full Article

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Logistics leader Prologis to acquire DCT Industrial for $8.4 billion

NEW YORK Prologis Inc , a logistics company with a global footprint, will acquire smaller U.S. rival DCT Industrial Trust Inc in an $8.4 billion all-stock transaction, including the assumption of debt, the two companies said on Sunday.