Dream Unlimited (TSE:DRM) Reaches New 12-Month Low - What's Next?

Dream Unlimited Corp. (TSE:DRM - Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as C$17.18 and last traded at C$17.43, with a volume of 2810 shares changing hands. The stock had previously closed at C$18.16.

Dream Unlimited Stock Up 0.5 %

The stock has a market cap of C$719.57 million, a price-to-earnings ratio of -33.07 and a beta of 1.39. The firm has a 50 day simple moving average of C$20.40 and a two-hundred day simple moving average of C$24.00. The company has a debt-to-equity ratio of 135.03, a current ratio of 5.58 and a quick ratio of 0.67.

Dream Unlimited Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 31st were given a $0.1625 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 3.67%. This is a boost from Dream Unlimited's previous quarterly dividend of $0.15. Dream Unlimited's dividend payout ratio is currently -112.10%.

Insider Activity

In other Dream Unlimited news, Director Jennifer Koss sold 3,076 shares of the business's stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of C$18.64, for a total value of C$57,336.64. Also, Director Jane Gavan sold 8,355 shares of the firm's stock in a transaction on Friday, March 14th. The shares were sold at an average price of C$19.84, for a total transaction of C$165,763.20. 47.16% of the stock is currently owned by company insiders.

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.