Dream Unlimited (TSE:DRM) Price Target Raised to C$33.00 at TD Securities

Dream Unlimited (TSE:DRM) had its target price upped by TD Securities from C$30.00 to C$33.00 in a research note issued to investors on Thursday morning, BayStreet.CA reports.

Dream Unlimited Stock Performance

Shares of DRM stock opened at C$26.66 on Thursday. Dream Unlimited has a 12 month low of C$16.53 and a 12 month high of C$26.75. The stock has a market capitalization of C$1.08 billion, a P/E ratio of -242.36 and a beta of 1.34. The company has a current ratio of 3.93, a quick ratio of 0.67 and a debt-to-equity ratio of 129.19. The firm’s 50 day moving average is C$20.70 and its 200 day moving average is C$20.20.

Dream Unlimited Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 28th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend was Friday, June 14th. Dream Unlimited’s dividend payout ratio (DPR) is presently -545.45%.

Dream Unlimited Company Profile

Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The firm provides real estate asset management and advisory services including sourcing, acquiring, managing, and developing commercial and residential real estate primarily in Western Canada. It invests in the real estate markets across the globe.