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

Nexus Industrial REIT (TSE:NXR.UNGet Free Report) declared 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) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend is Friday, May 29th.

Nexus Industrial REIT Stock Performance

Shares of TSE NXR.UN opened at C$8.00 on Wednesday. The company has a debt-to-equity ratio of 129.95, a quick ratio of 0.12 and a current ratio of 0.44. The firm has a market cap of C$776.71 million, a price-to-earnings ratio of 13.48 and a beta of 1.38. The business’s 50-day simple moving average is C$7.81 and its 200-day simple moving average is C$7.83. Nexus Industrial REIT has a 52 week low of C$7.19 and a 52 week high of C$8.41.

Nexus Industrial REIT (TSE:NXR.UNGet Free Report) last issued its quarterly earnings data on Monday, May 11th. The company reported C$0.45 EPS for the quarter. The business had revenue of C$46.02 million for the quarter. Nexus Industrial REIT had a return on equity of 16.47% and a net margin of 99.45%. As a group, equities research analysts expect that Nexus Industrial REIT will post 0.7800905 earnings per share for the current fiscal year.

About Nexus Industrial REIT

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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.

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Dividend History for Nexus Industrial REIT (TSE:NXR.UN)

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