Dream Unlimited Corp. (TSE:DRM - Get Free Report) Director Jane Gavan sold 8,355 shares of Dream Unlimited stock in a transaction dated Friday, March 14th. The stock was sold at an average price of C$19.84, for a total value of C$165,763.20.
Dream Unlimited Price Performance
TSE DRM traded down C$0.19 during mid-day trading on Friday, hitting C$20.14. The stock had a trading volume of 16,953 shares, compared to its average volume of 34,460. The firm's 50 day moving average is C$21.07 and its 200 day moving average is C$25.17. The company has a debt-to-equity ratio of 135.03, a current ratio of 5.58 and a quick ratio of 0.67. The stock has a market capitalization of C$818.76 million, a price-to-earnings ratio of -37.63 and a beta of 1.39. Dream Unlimited Corp. has a twelve month low of C$17.51 and a twelve month high of C$33.95.
Dream Unlimited Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be given a $0.1625 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 3.23%. This is a boost from Dream Unlimited's previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, March 14th. Dream Unlimited's dividend payout ratio is -112.10%.
About Dream Unlimited
(
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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.
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