Dream Unlimited Corp. (TSE:DRM) to Issue $0.17 Quarterly Dividend

Dream Unlimited Corp. (TSE:DRM) announced a quarterly dividend on Tuesday, September 15th. Investors 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 yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 15th.

Dream Unlimited Trading Up 2.6%

DRM traded up C$0.46 on Friday, reaching C$17.95. 57,250 shares of the company traded hands, compared to its average volume of 35,495. The company has a market cap of C$752.88 million, a P/E 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. Dream Unlimited has a one year low of C$17.00 and a one year high of C$22.66. The firm has a fifty 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 released its quarterly earnings data on Tuesday, August 11th. The company reported C($0.02) EPS for the quarter. The firm had revenue of C$0.07 million for the quarter. Dream Unlimited had a return on equity of 0.61% and a net margin of 1.87%. As a group, equities research analysts expect that Dream Unlimited will post 1.9481391 earnings per share for the current 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.