Shares of Dream Hard Asset Alternatives Trust (TSE:DRA.UN) hit a new 52-week high during trading on Wednesday . The company traded as high as C$7.85 and last traded at C$7.85, with a volume of 70533 shares. The stock had previously closed at C$7.78.

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

The firm has a market cap of $536.36 million and a price-to-earnings ratio of 29.55. The company has a quick ratio of 0.10, a current ratio of 2.20 and a debt-to-equity ratio of 22.40. The company has a 50 day moving average of C$7.54 and a 200 day moving average of C$7.55.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.0333 per share. The ex-dividend date of this dividend is Thursday, November 28th. This represents a $0.40 dividend on an annualized basis and a yield of 5.12%. Dream Hard Asset Alternatives Trust’s dividend payout ratio (DPR) is presently 151.52%.

Dream Hard Asset Alternatives Trust Company Profile (TSE:DRA.UN)

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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