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

Boardwalk Real Estate Investment Trust (TSE:BEI.UN) announced a monthly dividend on Tuesday, March 31st, TickerTech Dividends reports. Investors 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 yield of 2.9%. The ex-dividend date of this dividend is Tuesday, March 31st.

Boardwalk Real Estate Investment Trust Price Performance

Boardwalk Real Estate Investment Trust stock opened at C$62.95 on Wednesday. The firm has a market cap of C$3.33 billion, a PE ratio of 16.39, a price-to-earnings-growth ratio of 1.24 and a beta of 0.40. Boardwalk Real Estate Investment Trust has a 52-week low of C$59.10 and a 52-week high of C$75.37. 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’s 50 day moving average is C$66.00 and its two-hundred day moving average is C$65.93.

Boardwalk Real Estate Investment Trust (TSE:BEI.UN) last posted its quarterly 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 during the quarter. Boardwalk Real Estate Investment Trust had a return on equity of 15.71% and a net margin of 118.55%. On average, research analysts expect that Boardwalk Real Estate Investment Trust will post 4.4537396 EPS for the current fiscal year.

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.