Dream Unlimited Corp. (TSE:DRM) Raises Dividend to $0.16 Per Share

Dream Unlimited Corp. (TSE:DRM) declared 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 dividend on an annualized basis 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 0.9 %

TSE DRM traded up C$0.19 during trading on Wednesday, reaching C$20.38. 2,133 shares of the company’s stock were exchanged, compared to its average volume of 35,628. Dream Unlimited has a fifty-two week low of C$17.51 and a fifty-two week high of C$33.95. The firm has a market capitalization of C$828.52 million, a PE ratio of -38.08 and a beta of 1.39. The company has a current ratio of 5.58, a quick ratio of 0.67 and a debt-to-equity ratio of 135.03. The company’s fifty day simple moving average is C$21.23 and its 200-day simple moving average is C$25.53.

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.