Boardwalk Real Estate Investment Trust (BEI.UN) to Distribute Monthly Dividend of $0.15 on September 15th

Boardwalk Real Estate Investment Trust (TSE:BEI.UN) declared a monthly dividend on Monday, August 31st, TickerTech Dividends reports. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.15 per share by the real estate investment trust on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Monday, August 31st.

Boardwalk Real Estate Investment Trust Stock Up 0.7%

BEI.UN opened at C$64.01 on Friday. The company has a fifty day moving average of C$65.37 and a two-hundred day moving average of C$65.26. The stock has a market capitalization of C$3.34 billion, a price-to-earnings ratio of -75.31, a PEG ratio of 1.24 and a beta of 0.53. Boardwalk Real Estate Investment Trust has a fifty-two week low of C$60.75 and a fifty-two week high of C$72.71. The company has a debt-to-equity ratio of 77.35, a quick ratio of 0.04 and a current ratio of 0.23.

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.