Dream Unlimited Corp. Plans Quarterly Dividend of $0.15 (TSE:DRM)

Dream Unlimited Corp. (TSE:DRM) announced a quarterly dividend on Friday, December 13th,TickerTech Dividends reports. Stockholders of record on Tuesday, December 31st will be paid a dividend of 0.15 per share on Tuesday, December 31st. This represents a $0.60 annualized dividend and a dividend yield of 2.47%. The ex-dividend date of this dividend is Friday, December 13th.

Dream Unlimited Stock Down 0.4 %

Shares of Dream Unlimited stock traded down C$0.10 during trading on Wednesday, hitting C$24.34. 13,654 shares of the stock traded hands, compared to its average volume of 35,980. The stock has a market cap of C$984.80 million, a P/E ratio of -222.27 and a beta of 1.39. The company has a debt-to-equity ratio of 129.72, a quick ratio of 0.67 and a current ratio of 1.45. Dream Unlimited has a twelve month low of C$17.51 and a twelve month high of C$33.95. The company has a fifty day moving average price of C$28.40 and a two-hundred day moving average price of C$25.15.

Insider Buying and Selling

In other news, Director Jennifer Koss sold 40,038 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of C$25.51, for a total transaction of C$1,021,369.38. Corporate insiders own 47.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, TD Securities boosted their target price on Dream Unlimited from C$33.00 to C$35.00 and gave the stock a “buy” rating in a report on Wednesday, September 4th.

About Dream Unlimited

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.