Dream Unlimited Corp. (DRM) To Go Ex-Dividend on June 15th

Dream Unlimited Corp. (TSE:DRM) declared a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Investors of record on Tuesday, June 30th will be paid a dividend of 0.175 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, June 15th.

Dream Unlimited Stock Performance

Shares of DRM stock traded down C$0.12 during trading on Friday, reaching C$19.69. The company had a trading volume of 26,410 shares, compared to its average volume of 37,539. The firm’s 50 day simple moving average is C$19.01 and its two-hundred day simple moving average is C$19.25. The company has a debt-to-equity ratio of 138.83, a current ratio of 184.85 and a quick ratio of 0.67. Dream Unlimited has a one year low of C$17.00 and a one year high of C$23.36. The company has a market capitalization of C$825.92 million, a PE ratio of -54.69 and a beta of 1.48.

Dream Unlimited (TSE:DRM) last issued its quarterly earnings data on Wednesday, May 13th. The company reported C($0.11) earnings per share for the quarter. Dream Unlimited had a negative net margin of 3.32% and a negative return on equity of 1.06%. The company had revenue of C$67.43 million during the quarter. Sell-side analysts forecast that Dream Unlimited will post 1.9481391 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on DRM. TD Securities raised their price objective on Dream Unlimited from C$28.00 to C$29.00 and gave the company a “buy” rating in a research note on Wednesday, February 25th. TD lifted their price target on Dream Unlimited from C$29.00 to C$30.00 and gave the stock a “buy” rating in a research report on Friday, June 5th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Dream Unlimited currently has an average rating of “Buy” and a consensus price target of C$29.50.

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.