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

Boardwalk Real Estate Investment Trust (TSE:BEI.UN) announced a monthly dividend on Friday, October 30th. Stockholders of record on Monday, November 16th will be given a dividend of $0.15 per share by the real estate investment trust on Monday, November 16th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, October 30th.

Boardwalk Real Estate Investment Trust Stock Up 0.4%

BEI.UN opened at C$62.85 on Wednesday. The stock’s fifty day simple moving average is C$62.13 and its 200 day simple moving average is C$64.82. Boardwalk Real Estate Investment Trust has a 1-year low of C$59.93 and a 1-year high of C$70.12. The stock has a market cap of C$3.28 billion, a PE ratio of -73.94, a price-to-earnings-growth ratio of 1.24 and a beta of 0.56. The company has a current ratio of 0.23, a quick ratio of 0.04 and a debt-to-equity ratio of 77.35.

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.