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

Nexus Industrial REIT (TSE:NXR.UN) announced a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Investors of record on Friday, August 14th will be paid a dividend of 0.0533 per share on Friday, August 14th. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date is Friday, July 31st.

Nexus Industrial REIT Trading Up 1.7%

Shares of Nexus Industrial REIT stock opened at C$8.40 on Wednesday. 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 has a 1 year low of C$7.31 and a 1 year high of C$8.46. The company’s fifty day simple moving average is C$8.09 and its 200-day simple moving average is C$7.94. The company has a market cap of C$815.55 million, a price-to-earnings ratio of 14.16 and a beta of 1.28.

Nexus Industrial REIT (TSE:NXR.UN) last issued its earnings results on Monday, May 11th. The company reported C$0.45 EPS for the quarter. Nexus Industrial REIT had a return on equity of 16.47% and a net margin of 99.45%.The business had revenue of C$46.02 million during the quarter. As a group, sell-side analysts expect that Nexus Industrial REIT will post 0.7800905 EPS 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.