Dream Unlimited Corp. (TSE:DRM) Director Jane Gavan Sells 8,355 Shares

Dream Unlimited Corp. (TSE:DRM) Director Jane Gavan sold 8,355 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of C$19.84, for a total transaction of C$165,763.20.

Dream Unlimited Trading Down 0.9 %

DRM opened at C$20.14 on Friday. Dream Unlimited Corp. has a twelve month low of C$17.51 and a twelve month high of C$33.95. The company has a quick ratio of 0.67, a current ratio of 5.58 and a debt-to-equity ratio of 135.03. The company has a fifty day moving average of C$21.07 and a 200-day moving average of C$25.17. The stock has a market cap of C$818.76 million, a PE ratio of -37.63 and a beta of 1.39.

Dream Unlimited Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be given a dividend of $0.1625 per share. The ex-dividend date is Friday, March 14th. This is a boost from Dream Unlimited’s previous quarterly dividend of $0.15. This represents a $0.65 annualized dividend and a dividend yield of 3.23%. Dream Unlimited’s dividend payout ratio is -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.