Jane Gavan Sells 8,355 Shares of Dream Unlimited Corp. (TSE:DRM) Stock

Dream Unlimited Corp. (TSE:DRM) Director Jane Gavan sold 8,355 shares of the firm’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of C$19.84, for a total value of C$165,763.20.

Dream Unlimited Stock Down 0.3 %

DRM opened at C$20.33 on Friday. The firm has a market cap of C$826.48 million, a P/E ratio of -37.98 and a beta of 1.39. The business’s fifty day simple moving average is C$21.07 and its 200 day simple moving average is C$25.21. Dream Unlimited Corp. has a 52 week low of C$17.51 and a 52 week high of C$33.95. The company has a quick ratio of 0.67, a current ratio of 5.58 and a debt-to-equity ratio of 135.03.

Dream Unlimited Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 31st will be paid a dividend of $0.1625 per share. This is a boost from Dream Unlimited’s previous quarterly dividend of $0.15. This represents a $0.65 annualized dividend and a dividend yield of 3.20%. The ex-dividend date of this dividend is Friday, March 14th. Dream Unlimited’s dividend payout ratio (DPR) is currently -112.10%.

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.