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

Nexus Industrial REIT (TSE:NXR.UN) announced a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Investors of record on Monday, June 15th will be given a dividend of 0.0533 per share on Monday, June 15th. This represents a c) annualized dividend and a yield of 8.0%. The ex-dividend date of this dividend is Friday, May 29th.

Nexus Industrial REIT Stock Down 0.6%

Shares of NXR.UN opened at C$8.00 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 12 month low of C$7.19 and a 12 month high of C$8.41. The stock’s 50 day moving average is C$7.81 and its two-hundred day moving average is C$7.83. The firm has a market cap of C$776.71 million, a P/E ratio of 13.48 and a beta of 1.38.

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 return on equity of 16.47% and a net margin of 99.45%.The company had revenue of C$46.02 million for the quarter. Analysts predict that Nexus Industrial REIT will post 0.7800905 earnings per share for the current fiscal 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.