Boardwalk Real Estate Investment Trust: Press Releases: 2011-01-25 ...

DBRS has today confirmed the stability rating of Boardwalk Real Estate Investment Trust (Boardwalk or the Trust) at STA-3 (high). The rating confirmation takes into consideration prudent balance sheet management and continued focus on ... The Trust maintains a conservative payout ratio and used free cash flow and proceeds from non-core asset dispositions to fund a special distribution ($26.3 million) in September 2010, pursue modest debt reduction and finance its trust ...

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