Nexus Industrial REIT Plans Monthly Dividend of $0.05 (TSE:NXR.UN)

Nexus Industrial REIT (TSE:NXR.UN) declared a monthly dividend on Tuesday, June 30th, TickerTech Dividends reports. Investors of record on Wednesday, July 15th will be given a dividend of 0.0533 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date of this dividend is Tuesday, June 30th.

Nexus Industrial REIT Stock Performance

Shares of Nexus Industrial REIT stock opened at C$8.06 on Friday. Nexus Industrial REIT has a 52 week low of C$7.31 and a 52 week high of C$8.41. The business’s fifty day simple moving average is C$7.98 and its 200-day simple moving average is C$7.88. The firm has a market cap of C$782.54 million, a PE ratio of 13.58 and a beta of 1.29. The company has a quick ratio of 0.12, a current ratio of 0.44 and a debt-to-equity ratio of 129.95.

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

About Nexus Industrial REIT

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.