National Bank Financial Comments on Boardwalk Real Estate Investment Trust’s Q1 2024 Earnings (TSE:BEI)

Boardwalk Real Estate Investment Trust (TSE:BEI) – Equities research analysts at National Bank Financial issued their Q1 2024 earnings per share estimates for shares of Boardwalk Real Estate Investment Trust in a report issued on Tuesday, April 23rd. National Bank Financial analyst M. Kornack forecasts that the company will post earnings of $0.93 per share for the quarter.

Boardwalk Real Estate Investment Trust Stock Performance

Boardwalk Real Estate Investment Trust has a 12-month low of C$37.96 and a 12-month high of C$49.75.

Boardwalk Real Estate Investment Trust (TSE:BEI) last released its earnings results on Thursday, February 22nd. The company reported C$3.75 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.92 by C$2.83. The company had revenue of C$143.13 million for the quarter.

Boardwalk Real Estate Investment Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were given a $0.12 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of ∞. This is a boost from Boardwalk Real Estate Investment Trust’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Wednesday, March 27th.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.