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

Boardwalk Real Estate Investment Trust (TSE:BEI.UN) declared a monthly dividend on Tuesday, June 30th, TickerTech Dividends reports. Shareholders of record on Wednesday, July 15th will be given a dividend of 0.15 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, June 30th.

Boardwalk Real Estate Investment Trust Trading Up 1.9%

BEI.UN stock opened at C$66.07 on Friday. The company has a market capitalization of C$3.43 billion, a PE ratio of 72.60, a price-to-earnings-growth ratio of 1.24 and a beta of 0.56. 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 has a one year low of C$60.75 and a one year high of C$75.37. The company’s 50 day moving average price is C$65.13 and its two-hundred day moving average price is C$65.50.

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.