Nexus Industrial REIT (TSE:NXR.UN) to Issue $0.05 Monthly Dividend

Nexus Industrial REIT (TSE:NXR.UN) announced a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Stockholders of record on Monday, June 15th will be paid a dividend of 0.0533 per share on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend is Friday, May 29th.

Nexus Industrial REIT Price Performance

Shares of TSE:NXR.UN opened at C$8.00 on Wednesday. Nexus Industrial REIT has a 1-year low of C$7.19 and a 1-year high of C$8.41. The firm has a market capitalization of C$776.71 million, a PE ratio of 13.48 and a beta of 1.38. The business’s 50 day moving average is C$7.81 and its 200-day moving average is C$7.83. The company has a current ratio of 0.44, a quick ratio of 0.12 and a debt-to-equity ratio of 129.95.

Nexus Industrial REIT (TSE:NXR.UN) last announced its quarterly earnings data on Monday, May 11th. The company reported C$0.45 earnings per share for the quarter. Nexus Industrial REIT had a return on equity of 16.47% and a net margin of 99.45%.The company had revenue of C$46.02 million for the quarter. Sell-side analysts predict that Nexus Industrial REIT will post 0.7800905 earnings per share for the current year.

Nexus Industrial REIT Company Profile

Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office and retail properties.