Dream Unlimited Corp. (TSE:DRM) Declares Dividend Increase – $0.18 Per Share

Dream Unlimited Corp. (TSE:DRM) announced a quarterly dividend on Friday, March 13th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 31st will be given a dividend of 0.175 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Friday, March 13th. This is a 7.7% increase from Dream Unlimited’s previous quarterly dividend of $0.16.

Dream Unlimited Trading Down 0.8%

Shares of Dream Unlimited stock traded down C$0.16 on Wednesday, reaching C$20.54. The company had a trading volume of 10,227 shares, compared to its average volume of 38,893. The firm has a market cap of C$857.63 million, a price-to-earnings ratio of -46.68 and a beta of 1.35. The company has a debt-to-equity ratio of 132.04, a current ratio of 139.03 and a quick ratio of 0.67. The firm’s 50-day moving average price is C$20.30 and its two-hundred day moving average price is C$19.56. Dream Unlimited has a 1 year low of C$16.60 and a 1 year high of C$23.36.

Dream Unlimited (TSE:DRM) last issued its quarterly earnings results on Tuesday, February 24th. The company reported C$0.69 earnings per share (EPS) for the quarter. The company had revenue of C$202.81 million during the quarter. Dream Unlimited had a negative return on equity of 1.28% and a negative net margin of 4.03%. As a group, research analysts predict that Dream Unlimited will post 1.9481391 earnings per share for the current fiscal year.

About Dream Unlimited

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.