Dream Unlimited Corp. (DRM) to Issue Quarterly Dividend of $0.18 on March 31st

Dream Unlimited Corp. (TSE:DRM) announced a quarterly dividend on Friday, March 13th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 31st will be given a dividend of 0.175 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Friday, March 13th. This is a 7.7% increase from Dream Unlimited’s previous quarterly dividend of $0.16.

Dream Unlimited Price Performance

Shares of Dream Unlimited stock traded down C$0.04 during midday trading on Wednesday, hitting C$20.66. 16,224 shares of the company were exchanged, compared to its average volume of 39,012. The firm has a 50 day simple moving average of C$20.30 and a 200-day simple moving average of C$19.56. Dream Unlimited has a 52 week low of C$16.60 and a 52 week high of C$23.36. The firm has a market cap of C$862.64 million, a P/E ratio of -46.95 and a beta of 1.35. The company has a debt-to-equity ratio of 132.04, a current ratio of 139.03 and a quick ratio of 0.67.

Dream Unlimited (TSE:DRM) last issued its earnings results on Tuesday, February 24th. The company reported C$0.69 EPS for the quarter. The company had revenue of C$202.81 million for the quarter. Dream Unlimited had a negative net margin of 4.03% and a negative return on equity of 1.28%. Research analysts forecast that Dream Unlimited will post 1.9481391 earnings per share for the current year.

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.