Dream Unlimited Corp. (TSE:DRM) Director Sells C$165,763.20 in Stock

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

Dream Unlimited Trading Up 0.2 %

DRM stock opened at C$20.39 on Thursday. The company’s 50-day simple moving average is C$21.07 and its 200-day simple moving average is C$25.25. 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 Corp. has a 52-week low of C$17.51 and a 52-week high of C$33.95. The firm has a market cap of C$828.92 million, a P/E ratio of -38.10 and a beta of 1.39.

Dream Unlimited Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 31st will be given a dividend of $0.1625 per share. This represents a $0.65 annualized dividend and a dividend yield of 3.19%. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from Dream Unlimited’s previous quarterly dividend of $0.15. Dream Unlimited’s dividend payout ratio is -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.