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. Shareholders 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 Price Performance

TSE BEI.UN opened at C$64.70 on Wednesday. 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 stock has a market capitalization 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 50 day moving average price of C$65.03 and a two-hundred day moving average price of C$65.40. Boardwalk Real Estate Investment Trust has a 12-month low of C$60.75 and a 12-month high of C$75.37.

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.