Boardwalk Real Estate Investment Trust (BEI.UN) to Distribute Monthly Dividend of $0.15 on July 15th

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

Boardwalk Real Estate Investment Trust Price Performance

TSE:BEI.UN opened at C$66.07 on Friday. Boardwalk Real Estate Investment Trust has a 52 week low of C$60.75 and a 52 week high of C$75.37. 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$3.43 billion, a PE ratio of 72.60, a price-to-earnings-growth ratio of 1.24 and a beta of 0.56. The stock’s 50-day moving average price is C$65.13 and its 200-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.