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

Boardwalk Real Estate Investment Trust (TSE:BEI.UN) announced a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Investors of record on Monday, June 15th will be given a dividend of 0.15 per share by the real estate investment trust on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, May 29th.

Boardwalk Real Estate Investment Trust Stock Down 0.3%

TSE:BEI.UN opened at C$64.70 on Wednesday. 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 50-day moving average of C$65.03 and a 200 day moving average of C$65.40. The firm has a market cap of C$3.37 billion, a PE ratio of 71.10, a price-to-earnings-growth ratio of 1.24 and a beta of 0.40. The company has a debt-to-equity ratio of 77.35, a current ratio of 0.23 and a quick ratio of 0.04.

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.