Boardwalk Real Estate Investment Trust (TSE:BEI.UN) to Issue $0.14 Monthly Dividend

Key Points

• Boardwalk Real Estate Investment Trust (TSE:BEI.UN) has declared a monthly dividend of $0.14 per share, with an ex-dividend date of August 29th.
• The company has a market capitalization of C$3.38 billion and a price-to-earnings ratio of 5.06.
• Boardwalk REIT focuses on the acquisition and management of residential multifamily communities, primarily in Alberta, Canada.

Boardwalk Real Estate Investment Trust (TSE:BEI.UN - Get Free Report) declared a monthly dividend on Friday, August 29th, TickerTech Dividends reports. Investors of record on Monday, September 15th will be given a dividend of 0.135 per share by the real estate investment trust on Monday, September 15th. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, August 29th.

Boardwalk Real Estate Investment Trust Trading Down 0.9%

TSE BEI.UN opened at C$68.39 on Wednesday. Boardwalk Real Estate Investment Trust has a one year low of C$59.10 and a one year high of C$91.81. The company's 50 day moving average price is C$70.60 and its 200 day moving average price is C$67.32. The company has a debt-to-equity ratio of 77.35, a quick ratio of 0.04 and a current ratio of 0.23. The firm has a market capitalization of C$3.38 billion, a price-to-earnings ratio of 5.06, a PEG ratio of 1.24 and a beta of 1.76.

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.

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