Insider Selling: Dream Global Real Estate Investment Trust (DRG) Insider Sells 146,188 Shares of Stock

Dream Global Real Estate Investment Trust (TSE:DRG) insider DREAM Unlimited Corp. sold 146,188 shares of the firm’s stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of C$14.43, for a total value of C$2,109,186.87. Following the completion of the sale, the insider now directly owns 250,405 shares in the company, valued at C$3,612,820.05.

Dream Global Real Estate Investment Trust (TSE:DRG) last released its quarterly earnings data on Wednesday, February 20th. The company reported C$1.13 EPS for the quarter. The firm had revenue of C$89.73 million during the quarter.

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th were issued a $0.067 dividend. The ex-dividend date was Monday, April 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of ∞.

Separately, Echelon Wealth Partners reissued a “buy” rating on shares of Dream Global Real Estate Investment Trust in a research note on Thursday, February 21st.

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