Nexus Industrial REIT (NXR.UN) to Issue Monthly Dividend of $0.05 on August 14th

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

Nexus Industrial REIT Price Performance

NXR.UN stock opened at C$8.40 on Wednesday. The stock has a market cap of C$815.55 million, a PE ratio of 14.16 and a beta of 1.28. Nexus Industrial REIT has a 12 month low of C$7.31 and a 12 month high of C$8.46. The company has a 50-day moving average price of C$8.09 and a 200 day moving average price of C$7.94. 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 posted its quarterly earnings data on Monday, May 11th. The company reported C$0.45 earnings per share for the quarter. The company had revenue of C$46.02 million for the quarter. Nexus Industrial REIT had a net margin of 99.45% and a return on equity of 16.47%. Equities research analysts anticipate 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.