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. Stockholders of record on Monday, March 31st will be paid a dividend of 0.1625 per share on Monday, March 31st. This represents a $0.65 annualized dividend and a dividend yield of 3.19%. 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 Stock Up 1.0 %

TSE:DRM traded up C$0.20 during trading hours on Wednesday, hitting C$20.39. 3,034 shares of the company’s stock traded hands, compared to its average volume of 35,667. The stock’s fifty day moving average price is C$21.23 and its two-hundred day moving average price is C$25.53. The firm has a market cap of C$828.92 million, a P/E ratio of -38.10 and a beta of 1.39. 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 has a twelve month low of C$17.51 and a twelve month high of C$33.95.

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.