Dream Unlimited Corp. (TSE:DRM) Raises Dividend to $0.16 Per Share

Dream Unlimited Corp. (TSE:DRM) announced a quarterly dividend on Friday, March 14th, TickerTech Dividends reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.1625 per share on Monday, March 31st. This represents a $0.65 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date is Friday, March 14th. This is a 8.3% increase from Dream Unlimited’s previous quarterly dividend of $0.15.

Dream Unlimited Price Performance

TSE:DRM traded up C$0.23 during trading hours on Wednesday, reaching C$20.42. The stock had a trading volume of 2,434 shares, compared to its average volume of 35,654. Dream Unlimited has a 52 week low of C$17.51 and a 52 week high of C$33.95. The stock has a market capitalization of C$830.14 million, a PE ratio of -38.15 and a beta of 1.39. The company has a 50 day moving average price of C$21.23 and a two-hundred day moving average price of C$25.53. The company has a debt-to-equity ratio of 135.03, a quick ratio of 0.67 and a current ratio of 5.58.

Dream Unlimited Company Profile

DREAM Unlimited Corp is a real estate company. The company’s divisions include Asset management; Stabilized income generating assets; Urban development – Toronto and Ottawa and Western Canada community development. It generates maximum revenue from the Asset Management segment. Its segments are Recurring income and Development.