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TORONTO--(BUSINESS WIRE)--Aug 29, 2024--
DREAM UNLIMITED CORP. (TSX:DRM) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.150 per Class A Subordinate Voting Share and Class B Common Share payable on September 30, 2024 to shareholders of record on September 13, 2024.
The dividends are designated as eligible dividends for the purposes of section 89 of the Income Tax Act (Canada).
Dream is a leading developer of exceptional office and residential assets in Toronto, owns stabilized income generating assets in both Canada and the U.S., and has an established and successful asset management business, inclusive of $25 billion of assets under management across four Toronto Stock Exchange listed trusts, our private asset management business and numerous partnerships. We also develop land, residential and income generating assets in Western Canada. Dream expects to generate more recurring income in the future as its urban development properties are completed and held for the long term. Dream has a proven track record for being innovative and for our ability to source, structure and execute on compelling investment opportunities. For more information, please visit our website at www.dream.ca.
View source version on businesswire.com:https://www.businesswire.com/news/home/20240829933406/en/
CONTACT: Dream Unlimited Corp.
Meaghan Peloso
Chief Financial Officer
(416) 365-6322
mpeloso@dream.caKim Lefever
Director, Investor Relations
(416) 365-6339
klefever@dream.ca
KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE FINANCE CONSTRUCTION & PROPERTY REIT
SOURCE: Dream Unlimited Corp.
Copyright Business Wire 2024.
PUB: 08/29/2024 11:01 AM/DISC: 08/29/2024 11:02 AM
http://www.businesswire.com/news/home/20240829933406/en