Boardwalk Real Estate Investment Trust (TSE:BEI.UN - Get Free Report) declared a monthly dividend on Thursday, July 31st, TickerTech Dividends reports. Stockholders of record on Friday, August 15th will be paid a dividend of 0.135 per share by the real estate investment trust on Friday, August 15th. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, July 31st.
Boardwalk Real Estate Investment Trust Trading Down 0.1%
Shares of BEI.UN stock traded down C$0.05 during trading hours on Friday, hitting C$71.40. 230,523 shares of the company were exchanged, compared to its average volume of 121,411. The firm has a market cap of C$3.53 billion, a PE ratio of 5.28, a PEG ratio of 1.24 and a beta of 1.76. Boardwalk Real Estate Investment Trust has a 1 year low of C$59.10 and a 1 year high of C$91.81. 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 firm has a fifty day moving average of C$70.33 and a 200 day moving average of C$66.35.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the stock. TD Securities increased their price objective on shares of Boardwalk Real Estate Investment Trust from C$85.00 to C$87.00 and gave the stock a "buy" rating in a report on Thursday. BMO Capital Markets increased their price objective on shares of Boardwalk Real Estate Investment Trust from C$73.00 to C$75.00 in a research report on Monday, May 12th. CIBC raised their price target on shares of Boardwalk Real Estate Investment Trust from C$80.00 to C$84.00 and gave the stock a "neutral" rating in a research report on Thursday. Raymond James Financial raised their price target on shares of Boardwalk Real Estate Investment Trust from C$86.00 to C$87.50 and gave the stock an "outperform" rating in a research report on Thursday. Finally, Desjardins lifted their price objective on shares of Boardwalk Real Estate Investment Trust from C$80.00 to C$85.00 and gave the stock a "buy" rating in a report on Thursday. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$83.44.
View Our Latest Analysis on BEI.UN
Boardwalk Real Estate Investment Trust Company Profile
(
Get Free Report)
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.
Recommended Stories

Before you consider Boardwalk Real Estate Investment Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Boardwalk Real Estate Investment Trust wasn't on the list.
While Boardwalk Real Estate Investment Trust currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.