TORONTO--(BUSINESS WIRE)--DREAM UNLIMITED CORP. (TSX:DRM) announced today that its board of directors has approved the payment of both a special and quarterly dividend.
A special cash dividend of $0.50 per Class A Subordinate Voting Share and Class B Common Share will be paid on December 30, 2022 to shareholders of record on December 15, 2022. The quarterly cash dividend of $0.10 per Class A Subordinate Voting Share and Class B Common Share will be paid on December 30, 2022 to shareholders of record on December 15, 2022.
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