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 company’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of C$19.84, for a total transaction of C$165,763.20.

Dream Unlimited Price Performance

TSE DRM traded up C$0.04 on Wednesday, hitting C$20.39. 16,400 shares of the company were exchanged, compared to its average volume of 35,243. The firm has a 50 day moving average of C$21.08 and a two-hundred day moving average of C$25.29. The company has a market cap of C$828.92 million, a P/E ratio of -38.10 and a beta of 1.39. The company has a current ratio of 5.58, a quick ratio of 0.67 and a debt-to-equity ratio of 135.03. Dream Unlimited Corp. has a 1-year low of C$17.51 and a 1-year high of C$33.95.

Dream Unlimited Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 31st will be given a dividend of $0.1625 per share. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from Dream Unlimited’s previous quarterly dividend of $0.15. This represents a $0.65 dividend on an annualized basis and a yield of 3.19%. Dream Unlimited’s dividend payout ratio is presently -112.10%.

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.