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

Boardwalk Real Estate Investment Trust (TSE:BEI.UN) declared a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Stockholders of record on Monday, August 17th will be given a dividend of 0.15 per share by the real estate investment trust on Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, July 31st.

Boardwalk Real Estate Investment Trust Stock Performance

Shares of TSE BEI.UN opened at C$65.80 on Wednesday. Boardwalk Real Estate Investment Trust has a one year low of C$60.75 and a one year high of C$75.37. The business’s 50-day moving average price is C$65.13 and its two-hundred day moving average price is C$65.79. The company has a debt-to-equity ratio of 77.35, a current ratio of 0.23 and a quick ratio of 0.04. The company has a market capitalization of C$3.42 billion, a P/E ratio of 72.31, a price-to-earnings-growth ratio of 1.24 and a beta of 0.53.

Boardwalk Real Estate Investment Trust Company Profile

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.