Boardwalk Real Estate Investment Trust (BEI.UN) to Issue Monthly Dividend of $0.15 on April 15th

Boardwalk Real Estate Investment Trust (TSE:BEI.UN) declared a monthly dividend on Tuesday, March 31st, TickerTech Dividends reports. Stockholders of record on Wednesday, April 15th will be paid a dividend of 0.15 per share by the real estate investment trust on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, March 31st.

Boardwalk Real Estate Investment Trust Price Performance

TSE BEI.UN opened at C$64.00 on Thursday. The firm’s 50 day moving average is C$65.93 and its 200-day moving average is C$65.91. The company has a quick ratio of 0.04, a current ratio of 0.23 and a debt-to-equity ratio of 77.35. The company has a market capitalization of C$3.39 billion, a PE ratio of 16.67, a price-to-earnings-growth ratio of 1.24 and a beta of 0.40. Boardwalk Real Estate Investment Trust has a 12-month low of C$59.10 and a 12-month high of C$75.37.

Boardwalk Real Estate Investment Trust (TSE:BEI.UN) last announced its earnings results on Thursday, February 19th. The real estate investment trust reported C($1.21) EPS for the quarter. The business had revenue of C$164.85 million for the quarter. Boardwalk Real Estate Investment Trust had a return on equity of 15.71% and a net margin of 118.55%. Equities research analysts anticipate that Boardwalk Real Estate Investment Trust will post 4.4537396 earnings per share for the current fiscal year.

About Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company’s cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT’s total residential suites.