Dream Unlimited Corp. (TSE:DRM) Announces Quarterly Dividend of $0.17

Dream Unlimited Corp. (TSE:DRM) declared a quarterly dividend on Tuesday, September 15th. Stockholders of record on Wednesday, September 30th will be paid a dividend of 0.175 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Tuesday, September 15th.

Dream Unlimited Stock Performance

Shares of TSE:DRM traded up C$0.46 during trading on Friday, hitting C$17.95. The stock had a trading volume of 57,250 shares, compared to its average volume of 35,495. Dream Unlimited has a 12-month low of C$17.00 and a 12-month high of C$22.66. The stock has a market capitalization of C$752.88 million, a price-to-earnings ratio of 85.48 and a beta of 1.44. The company has a quick ratio of 0.67, a current ratio of 209.05 and a debt-to-equity ratio of 145.27. The stock has a 50-day simple moving average of C$19.02 and a two-hundred day simple moving average of C$19.27.

Dream Unlimited (TSE:DRM) last issued its earnings results on Tuesday, August 11th. The company reported C($0.02) EPS for the quarter. Dream Unlimited had a net margin of 1.87% and a return on equity of 0.61%. The firm had revenue of C$0.07 million during the quarter. On average, equities research analysts expect that Dream Unlimited will post 1.9481391 earnings per share for the current fiscal year.

Dream Unlimited Company Profile

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.