Grounded on Some of the Most Affordable Rents in Canada, Boardwalk REIT Reports Resilient Results With Third Quarter Funds From Operations per Unit Growth of 5.7%. The act gives a … Get notified of Boardwalk Real Estate Investment Trust Trust Units's latest announcements, news, and event dates. Upcoming dividend payout. During COVID, Boardwalk offered its resident members a deferral program for those who could demonstrate financial hardship. It is usually referred to as TSX:BEI.UN or BEI.UN-T Is Boardwalk REIT a buy or a sell? All quotes delayed a minimum of 15 minutes. The latest news and upcoming dividend, earnings, and split events for Boardwalk Real Estate Investment Trust Trust Units (BEI.UN:APH). ... Perhaps like the two REITs below… 2 Safe Harbor REITs That Pay Monthly Dividends. Boardwalk REIT (TSE:BEI.UN) dividend and REIT analysis Boardwalk REIT is a Canadian apartment trust that owns and operates more than 33,000 residential units that make up over 28 million in rentable square feet. In the last year, Boardwalk Real Estate Investment Trust paid out 40% of its profit as dividends. Boardwalk Real Estate Investment Trust’s upcoming dividend is CA$0.08 a share, following on from the last 12 months, when the company distributed a total of CA$1.0 per share to shareholders. The withholding issue aside, Canadian REITs offer a significant advantage to U.S. investors in that distributions are subject the maximum 15% capital gains tax rate, not the ordinary income rate that applies to dividends received from U.S. REITs. Boardwalk REIT (TSE: BEI.UN) is one of Canada’s largest owner or operator of multi-family rental communities and it owns and operates over 220 properties with around 34 000 rental units. Get Notified. The REIT had its fair share of trouble due to its overexposure to Alberta. Boardwalk REIT is vertically integrated and is Canada's leading owner/operator of multi-family communities bringing Residents home to properties located in Alberta, Saskatchewan, Ontario, and Quebec. Boardwalk saw a slight decline in April rent collections, followed by an improvement as of mid-May. The average price target is C$39.78, with a high forecast of C$45.00 and a low forecast of C$34.00. Boardwalk REIT Reports Second Quarter Funds From Operations Per Unit Growth of 4.4% (10.3% Excluding Retirement Costs) Aug 13, 2020 RioCan Announces Second Quarter Results For 2020 One of the largest … The REIT has also instituted additional protocols in their properties to provide a safe and healthy environment for its tenants such as increased cleaning, virtual showings, discounts for front line workers. Press Releases. You can find more details by going to one of the sections under this page such as ex-date, dividend and payment date. Fund performance data provided by Lipper. Advertisement. News. Boardwalk pays a monthly distribution of 18.75 cents per unit, which equates to an annual payout of $2.25 per unit. Toronto Stock Exchange. Upcoming split payments. Find the latest dividend history for Boardwalk Real Estate Investment Trust Unit (BOWFF) at Nasdaq.com. CNW Group. BEI.UN.CA Dividend History & Description — Boardwalk Real Estate Investment Trust. Strolling along the boardwalk. (Analysts’ price target is $46.68.) Morningstar Financial Research conducts Analysis on Markets, Mutual Fund, Stocks and ETFs through Investment Data and News. The yield went … Show full opinion Hide full opinion. TSX Venture Exchange. Capital Formation. Boardwalk REIT's Trust units are listed on the Toronto Stock … This price target is based on 5 analysts offering 12 month price targets for Boardwalk REIT in the last 3 months. The portion of the REIT dividend that is attributable to income may receive further preferential tax treatment under the Tax Cuts and Jobs Act (TCJA). Ex-Dividend Date: Dec. 30, 2020: 1y Target Est: 40.30: All. Dividend cut: The monthly dividend went from $0.1875 to $0.0834. Sort the REITs based on the Chowder Score (Yield and Dividend Growth) Sort the REITs by Dividend Increases (Consistency in dividend increases is good) Get all the details you need to make an investment decision with the Dividend Snapshot Canadian REIT List. This is a middling range that strikes a nice balance between paying dividends to shareholders, and retaining enough earnings to invest in future growth. The average price target represents a 14.00% upside from the last price of C$34.89. If you notice carefully, there are some connections in my dividend cutters. This was announced in late 2017 and took effect this month. ... Dividend yield of 4.70%. In return, REITs typically do not pay corporate taxes. Its share price already lagged Canadian residential REIT peers significantly due to its Alberta weighting. This is a 4.5% yield that’s sustainable by the company’s projected FFO. Although the company does have assets in Saskatchewan, Ontario, and Quebec, the bulk of its property is located in Alberta. For context, consider that the average dividend yield paid by stocks in the S&P 500 is 1.9%. For Boardwalk Real Estate Investment Trust, the company has a dividend yield of 2.91 compared to the REIT and Equity Trust - Residential industry's yield of 3.43. Get information about Boardwalk REIT dividends and ex-dividend dates. At an implied valuation of just $77,000 per apartment, Boardwalk REIT (TSX:BEI.UN) is one of the most interesting stocks in the Canadian real estate sector. Realty Income O (O) is one of my favorite REITs … In contrast, the average equity REIT (which owns properties) pays about 5%. Boardwalk is a very conservatively managed REIT with strong shareholder alignment. As a result, many of the 171 dividend-paying REITs we track offer high dividend yields of 5%+.. TSX Trust. Source: Q1-2020 Earnings Presentation. Date: FEB 15, 2021. Besides, if reinvestment opportunities dry up, the company has room to increase the dividend. A comprehensive list of metrics and a payout ratio calculated based on the company’s FFO. The beauty of REITs, for income investors, is that they are required to distribute 90% of their taxable income to shareholders annually, in the form of dividends. Boardwalk Real Estate Investment Trust declares CAD 0.0834 dividend SA News Thu, Feb. 20 Boardwalk Real Estate Investment Trust (BOWFF) CEO Sam Kolias on Q3 2019 Results - Earnings Call Transcript Boardwalk REIT Reports Solid 2019 Operating Performance and Strong Financial Results With Fourth Quarter Funds from Operation Per Unit Growth of 16.7% PR Newswire 02/27 17:00 ET Boardwalk REIT Announces February 2020 Distribution Quote and financial data from Refinitiv. Boardwalk Real Estate Investment Trust is an open-ended real estate investment trust that owns Boardwalk Communities, Structures Metropolitaines, and Boardwalk Retirement Community. Through its subsidiaries, Co. is engaged in investing in revenue producing multi-family residential properties or interests. Apple Hospitality (APLE) Apple Hospitality (APLE) specializes in upscale hotels. Boardwalk REIT is a Canadian stock, trading under the symbol BEI.UN-T on the Toronto Stock Exchange (BEI-UN-CT). 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