Boardwalk Real Estate Investment Trust (BEI) Scheduled to Post Quarterly Earnings on Tuesday

Boardwalk Real Estate Investment Trust (TSE:BEI) is set to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of C$0.91 per share for the quarter.

Boardwalk Real Estate Investment Trust (TSE:BEI) last released its quarterly earnings data on Thursday, February 22nd. The company reported C$3.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.92 by C$2.83. The company had revenue of C$143.13 million for the quarter.

Boardwalk Real Estate Investment Trust Price Performance

Boardwalk Real Estate Investment Trust has a 12-month low of C$37.96 and a 12-month high of C$49.75.

Boardwalk Real Estate Investment Trust Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were issued a dividend of $0.12 per share. This represents a $1.44 dividend on an annualized basis and a yield of ∞. This is a positive change from Boardwalk Real Estate Investment Trust’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Wednesday, March 27th.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.