Dream Unlimited (TSE:DRM) Trading 1.5% Higher – Time to Buy?

Dream Unlimited Corp. (TSE:DRM) was up 1.5% during trading on Tuesday . The company traded as high as C$18.75 and last traded at C$18.57. Approximately 10,629 shares traded hands during trading, a decline of 69% from the average daily volume of 34,069 shares. The stock had previously closed at C$18.29.

Dream Unlimited Trading Up 1.6 %

The company has a market cap of C$743.96 million, a PE ratio of -34.19 and a beta of 1.39. The company has a debt-to-equity ratio of 135.03, a quick ratio of 0.67 and a current ratio of 5.58. The company has a 50 day simple moving average of C$20.15 and a two-hundred day simple moving average of C$23.63.

Dream Unlimited Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 31st were paid a $0.1625 dividend. This represents a $0.65 annualized dividend and a yield of 3.55%. The ex-dividend date was Friday, March 14th. This is a positive change from Dream Unlimited’s previous quarterly dividend of $0.15. Dream Unlimited’s dividend payout ratio is currently -112.10%.

Insiders Place Their Bets

In other Dream Unlimited news, Director Jane Gavan sold 8,355 shares of Dream Unlimited stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of C$19.84, for a total value of C$165,763.20. Also, 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 transaction of C$57,336.64. Insiders own 47.16% of the company’s stock.

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.