Boardwalk Real Estate Investment Trust (BEI.UN) to Issue Monthly Dividend of $0.15 on August 17th

Boardwalk Real Estate Investment Trust (TSE:BEI.UN) announced 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) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Friday, July 31st.

Boardwalk Real Estate Investment Trust Trading Up 1.5%

Shares of Boardwalk Real Estate Investment Trust stock opened at C$65.80 on Wednesday. The firm’s 50 day moving average is C$65.13 and its 200 day moving average is C$65.79. The firm has a market capitalization of C$3.42 billion, a PE ratio of 72.31, a price-to-earnings-growth ratio of 1.24 and a beta of 0.53. Boardwalk Real Estate Investment Trust has a 1 year low of C$60.75 and a 1 year high of C$75.37. The company has a current ratio of 0.23, a quick ratio of 0.04 and a debt-to-equity ratio of 77.35.

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.