Nexus Industrial REIT (NXR.UN) to Issue Monthly Dividend of $0.05 on April 15th

Nexus Industrial REIT (TSE:NXR.UN) declared a monthly dividend on Tuesday, March 31st, TickerTech Dividends reports. Shareholders of record on Wednesday, April 15th will be given a dividend of 0.0533 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend is Tuesday, March 31st.

Nexus Industrial REIT Stock Down 1.1%

Shares of NXR.UN traded down C$0.08 during midday trading on Friday, hitting C$7.38. The stock had a trading volume of 150,325 shares, compared to its average volume of 185,197. The company has a 50 day simple moving average of C$7.79 and a two-hundred day simple moving average of C$7.82. Nexus Industrial REIT has a twelve month low of C$5.98 and a twelve month high of C$8.41. The firm has a market cap of C$716.40 million, a price-to-earnings ratio of 12.02 and a beta of 1.43. The company has a debt-to-equity ratio of 129.95, a current ratio of 0.44 and a quick ratio of 0.12.

Nexus Industrial REIT (TSE:NXR.UN) last posted its quarterly earnings data on Thursday, March 5th. The company reported C$0.43 earnings per share for the quarter. The company had revenue of C$44.88 million during the quarter. Nexus Industrial REIT had a return on equity of 16.47% and a net margin of 99.45%. On average, analysts anticipate 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.