Insider Selling: Dream Unlimited Corp. (TSE:DRM) Director Sells 8,355 Shares of Stock

Dream Unlimited Corp. (TSE:DRM) Director Jane Gavan sold 8,355 shares of the 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 Trading Down 0.3 %

TSE DRM opened at C$20.33 on Friday. The company has a market cap of C$826.48 million, a P/E ratio of -37.98 and a beta of 1.39. Dream Unlimited Corp. has a 12 month low of C$17.51 and a 12 month high of C$33.95. 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 company has a 50-day moving average of C$21.07 and a 200-day moving average of C$25.21.

Dream Unlimited Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 31st will be paid a dividend of $0.1625 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.65 dividend on an annualized basis and a yield of 3.20%. This is an increase from Dream Unlimited’s previous quarterly dividend of $0.15. Dream Unlimited’s dividend payout ratio (DPR) is currently -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.