Boardwalk Real Estate Investment Trust Expected to Post Q1 2024 Earnings of $0.93 Per Share (TSE:BEI)

Boardwalk Real Estate Investment Trust (TSE:BEI) – Equities research analysts at National Bank Financial issued their Q1 2024 EPS estimates for shares of Boardwalk Real Estate Investment Trust in a report issued on Tuesday, April 23rd. National Bank Financial analyst M. Kornack expects that the company will post earnings per share of $0.93 for the quarter.

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

Boardwalk Real Estate Investment Trust Stock 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 company also recently announced a monthly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, March 27th. 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.

About Boardwalk Real Estate Investment Trust

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.