Boardwalk Real Estate Investment Trust to Issue Monthly Dividend of $0.15 (TSE:BEI.UN)

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

Boardwalk Real Estate Investment Trust Trading Up 0.7%

Shares of BEI.UN stock opened at C$64.01 on Friday. The stock’s fifty day moving average price is C$65.37 and its two-hundred day moving average price is C$65.26. The company has a market cap of C$3.34 billion, a PE ratio of -75.31, a P/E/G ratio of 1.24 and a beta of 0.53. Boardwalk Real Estate Investment Trust has a fifty-two week low of C$60.75 and a fifty-two week high of C$72.71. The company has a debt-to-equity ratio of 77.35, a quick ratio of 0.04 and a current ratio of 0.23.

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.