Jennifer Koss Sells 40,038 Shares of Dream Unlimited Corp. (TSE:DRM) Stock

Dream Unlimited Corp. (TSE:DRM) Director Jennifer Koss sold 40,038 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of C$25.51, for a total transaction of C$1,021,369.38.

Dream Unlimited Price Performance

Shares of TSE:DRM traded up C$0.36 during trading on Wednesday, reaching C$25.55. The stock had a trading volume of 82,562 shares, compared to its average volume of 36,032. The business has a fifty day moving average price of C$30.46 and a 200-day moving average price of C$24.59. Dream Unlimited Corp. has a 1-year low of C$17.51 and a 1-year high of C$33.95. The company has a debt-to-equity ratio of 129.72, a quick ratio of 0.67 and a current ratio of 1.45. The stock has a market cap of C$1.03 billion, a PE ratio of -232.27 and a beta of 1.39.

Dream Unlimited Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 30th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date was Friday, September 13th. Dream Unlimited’s dividend payout ratio (DPR) is -545.45%.

Wall Street Analyst Weigh In

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

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.