Dream Hard Asset Alternatives Trust (TSE:DRA.UN) to Issue $0.03 Monthly Dividend

Dream Hard Asset Alternatives Trust (TSE:DRA.UN) announced a monthly dividend on Thursday, November 28th, TickerTech reports. Investors of record on Friday, December 13th will be given a dividend of 0.0333 per share on Friday, December 13th. This represents a $0.40 annualized dividend and a dividend yield of 5.13%. The ex-dividend date is Thursday, November 28th.

Shares of Dream Hard Asset Alternatives Trust stock traded down C$0.02 during midday trading on Wednesday, hitting C$7.79. The company had a trading volume of 39,276 shares, compared to its average volume of 41,269. The company has a debt-to-equity ratio of 20.94, a quick ratio of 0.25 and a current ratio of 1.92. The stock has a market capitalization of $535.67 million and a P/E ratio of 33.43. The company has a 50 day moving average of C$7.49 and a 200 day moving average of C$7.54. Dream Hard Asset Alternatives Trust has a 52-week low of C$5.90 and a 52-week high of C$7.82.

Separately, Echelon Wealth Partners restated a “buy” rating and issued a C$8.00 price target on shares of Dream Hard Asset Alternatives Trust in a research note on Sunday, August 11th.

About Dream Hard Asset Alternatives Trust

Dream Hard Asset Alternatives Trust specializes in hard asset alternative investments including real estate, real estate lending and infrastructure, including renewable power.

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Dividend History for Dream Hard Asset Alternatives Trust (TSE:DRA.UN)

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