Insider Selling: Dream Unlimited Corp. (TSE:DRM) Director Sells 8,355 Shares of Stock

Dream Unlimited Corp. (TSE:DRM - Get Free Report) 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 Price Performance

Shares of TSE:DRM traded down C$0.03 during midday trading on Monday, reaching C$20.11. 6,095 shares of the company's stock traded hands, compared to its average volume of 33,963. The company has a fifty day simple moving average of C$21.07 and a two-hundred day simple moving average of C$25.17. 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 market cap of C$817.54 million, a P/E ratio of -37.57 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 Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 31st will be issued a dividend of $0.1625 per share. This represents a $0.65 annualized dividend and a yield of 3.23%. This is an increase from Dream Unlimited's previous quarterly dividend of $0.15. The ex-dividend date is Friday, March 14th. Dream Unlimited's dividend payout ratio (DPR) is presently -112.10%.

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.