TSX:BEI.UNResidential REITs
Should Boardwalk REIT’s Higher Distribution Amid Softer Earnings Require Action From Boardwalk (TSX:BEI.UN) Investors?
Boardwalk Real Estate Investment Trust has reported past full-year 2025 results with sales of C$638.64 million, net income of C$196.87 million, and lower earnings per share compared with the prior year.
Despite the drop in profitability, the REIT recently announced an 11.1% increase to its monthly cash distribution and outlined 2026 same property NOI growth expectations of 1.5% to 4.5%, while continuing to buy back units.
Next, we will examine how the higher monthly distribution, alongside...