TSX:BEI.UN - Post by User
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Betteryear2on Nov 12, 2021 5:48am
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Post# 34118302
Q3 REGULAR MONTHLY DISTRIBUTION ANNOUNCEMENT
Q3 REGULAR MONTHLY DISTRIBUTION ANNOUNCEMENT The Trust has confirmed its regular monthly distribution for the months of November 2021, December 2021, and January 2022 as follows:
Month | | Per Unit | | Annualized | | Record Date | Distribution Date |
Nov-21 | | $ | 0.0834 | | $ | 1.00 | | 30-Nov-21 | 15-Dec-21 |
Dec-21 | | $ | 0.0834 | | $ | 1.00 | | 31-Dec-21 | 17-Jan-22 |
Jan-22 | | $ | 0.0834 | | $ | 1.00 | | 31-Jan-22 | 15-Feb-22 |
In-line with Boardwalk's distribution policy of maximum re-investment, the Trust's payout ratio remains conservative at 31.5% of Q3 2021 FFO; and 34.2% of FFO for the first nine months of 2021.
Boardwalk's regular monthly distribution provides a stable and attractive yield for the Trust's unitholders.