DREAM Unlimited Corp (TSE:DRM) to Issue Quarterly Dividend of $0.03

DREAM Unlimited Corp (TSE:DRM) announced a quarterly dividend on Thursday, December 12th, TickerTech reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.025 per share on Tuesday, December 31st. This represents a $0.10 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Thursday, December 12th.

Shares of DRM traded up C$0.32 during trading hours on Tuesday, hitting C$11.64. 58,257 shares of the stock traded hands, compared to its average volume of 67,478. The company has a current ratio of 2.62, a quick ratio of 0.70 and a debt-to-equity ratio of 88.01. DREAM Unlimited has a 1-year low of C$6.54 and a 1-year high of C$11.94. The firm has a market capitalization of $1.22 billion and a PE ratio of 33.25. The business has a fifty day moving average of C$10.86 and a 200-day moving average of C$8.99.

A number of analysts recently commented on the company. Canaccord Genuity lifted their price objective on DREAM Unlimited from C$12.00 to C$13.75 in a research report on Monday, September 16th. TD Securities lowered shares of DREAM Unlimited from an “action list buy” rating to a “buy” rating and raised their target price for the company from C$12.00 to C$13.50 in a research note on Monday, November 25th.

DREAM Unlimited Company Profile

Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The firm provides real estate asset management and advisory services including sourcing, acquiring, managing, and developing commercial and residential real estate primarily in Western Canada. It invests in the real estate markets across the globe.

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