BTB.UN dividend yield calculator – BTB Real Estate Investment Trust Announces 0.025 Cash Dividend

Dividends Yield

BTB ($TSX:BTB.UN) Real Estate Investment Trust has announced a 0.025 cash dividend on April 14, 2023 that is set to be paid out on April 27, 2023. This continued trend provides an average yield of 7.85% for those interested in dividend stocks. With the ex-dividend date of April 27, 2023, investors can take advantage of this dividend opportunity.

Stock Price

The announcement was made following the closing of the stock at CA$3.4, down by 1.2% from the previous closing price of CA$3.4. This marks the second consecutive quarterly dividend declared by BTB REIT. The dividend is part of BTB REIT’s strategy to return capital to shareholders while providing them with a steady source of income. The company believes that this will create long-term value for its shareholders, in addition to enhancing its financial performance.

This is in line with BTB REIT’s commitment to promote long-term shareholder value and to increase its dividend payments over time. Shareholders who own BTB REIT stock before the ex-dividend date will be eligible to receive the dividend payment. Those who do not own the stock prior to the ex-dividend date will not be eligible for the dividend payment. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for BTB.UN. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for BTB.UN. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for BTB.UN. More…

Key Ratios Snapshot

Some of the financial key ratios for BTB.UN are shown below. More…

Analysis

At GoodWhale, we have conducted a thorough analysis of BTB REAL ESTATE INVESTMENT TRUST’s fundamentals. We believe it is a low risk investment in terms of both financial and business aspects based on our Risk Rating. However, we have detected one risk warning in their balance sheet and would encourage potential investors to become a registered user on our website to check it out. We believe that by taking the necessary precautions, investors can make smart decisions about investing in this particular trust. More…

Peers

The company’s portfolio consists of office, retail, and industrial properties. BTB is one of the largest real estate investment trusts in Canada and is headquartered in Montreal, Quebec. Its competitors include Morguard Real Estate Investment Trust, Highlands REIT Inc, and Cominar Real Estate Investment Trust.

– Morguard Real Estate Investment Trust ($TSX:MRT.UN)

Morguard Real Estate Investment Trust has a market cap of 331.19M as of 2022. The company is involved in the ownership, development, management, and investment of real estate properties.

– Highlands REIT Inc ($OTCPK:HHDS)

Highlands REIT Inc is a real estate investment trust that owns, operates, and develops income-producing real estate properties. The company’s portfolio consists of office, retail, and industrial properties located in major markets across the United States. Highlands REIT is headquartered in Denver, Colorado.

Summary

BTB REAL ESTATE INVESTMENT TRUST is an attractive opportunity for those considering dividend stocks. The Trust has issued a consistent annual dividend of 0.3 CAD per share over the past three years, providing an average dividend yield of 7.85%. Further research into the company’s financial health, management team and other factors will help investors determine whether this stock should be a part of their portfolio.