TSX:BEI.UN - Post Discussion
Post by
Betteryear2 on Nov 12, 2021 5:48am
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.
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