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

Boardwalk Real Estate Investment Trust (TSE:BEI) will be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect Boardwalk Real Estate Investment Trust to post earnings of C$0.91 per share for the quarter.

Boardwalk Real Estate Investment Trust (TSE:BEI) last released its quarterly earnings results on Thursday, February 22nd. The company reported C$3.75 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 Stock Performance

Boardwalk Real Estate Investment Trust has a 1-year low of C$37.96 and a 1-year high of C$49.75.

Boardwalk Real Estate Investment Trust Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, March 27th. This is a boost from Boardwalk Real Estate Investment Trust’s previous monthly dividend of $0.10. This represents a $1.44 annualized dividend and a dividend yield of ∞.

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.