Dream Unlimited Corp. (TSE:DRM) to Issue $0.15 Quarterly Dividend

Dream Unlimited Corp. (TSE:DRM) declared a quarterly dividend on Friday, December 13th,TickerTech Dividends reports. Investors of record on Tuesday, December 31st will be given a dividend of 0.15 per share on Tuesday, December 31st. This represents a $0.60 annualized dividend and a yield of 2.47%. The ex-dividend date is Friday, December 13th.

Dream Unlimited Trading Down 0.4 %

TSE DRM traded down C$0.10 during mid-day trading on Wednesday, hitting C$24.34. The company’s stock had a trading volume of 13,654 shares, compared to its average volume of 35,980. Dream Unlimited has a 52-week low of C$17.51 and a 52-week high of C$33.95. The stock’s fifty day simple moving average is C$28.40 and its two-hundred day simple moving average is C$25.15. The company has a debt-to-equity ratio of 129.72, a current ratio of 1.45 and a quick ratio of 0.67. The firm has a market capitalization of C$984.80 million, a P/E ratio of -222.27 and a beta of 1.39.

Wall Street Analyst Weigh In

Separately, TD Securities increased their price objective on shares of Dream Unlimited from C$33.00 to C$35.00 and gave the company a “buy” rating in a research report on Wednesday, September 4th.

Insider Activity at Dream Unlimited

In other Dream Unlimited news, Director Jennifer Koss sold 40,038 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of C$25.51, for a total value of C$1,021,369.38. Company insiders own 47.16% of the company’s stock.

Dream Unlimited Company Profile

Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The firm provides real estate asset management and advisory services including sourcing, acquiring, managing, and developing commercial and residential real estate primarily in Western Canada. It invests in the real estate markets across the globe.