TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Digital Core REIT ( (SG:DCRU) ) just unveiled an announcement.
Digital Core REIT has announced the issuance of 5,466,196 units at a price of US$0.5800 per unit as payment for its management fee for the second half of 2023. This move, as per the company’s trust deed, allows the management fee to be paid in units, increasing the company’s total unitholding to 24,610,396 units, which is approximately 1.887% of the total issued units. The issuance reflects the company’s strategic approach to managing its financial obligations and maintaining its stake within the REIT.
The most recent analyst rating on (SG:DCRU) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Digital Core REIT stock, see the SG:DCRU Stock Forecast page.
More about Digital Core REIT
Digital Core REIT is a real estate investment trust focused on investing in and managing digital infrastructure assets. It operates primarily in the data center industry, providing essential facilities that support digital and cloud-based services.
Average Trading Volume: 2,510,901
Technical Sentiment Signal: Strong Sell
Current Market Cap: $649.3M
For detailed information about DCRU stock, go to TipRanks’ Stock Analysis page.