Nexus Industrial REIT (NXR.UN) To Go Ex-Dividend on July 31st

Nexus Industrial REIT (TSE:NXR.UN) declared 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) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Friday, July 31st.

Nexus Industrial REIT Stock Up 1.7%

Nexus Industrial REIT stock opened at C$8.40 on Wednesday. The company has a quick ratio of 0.12, a current ratio of 0.44 and a debt-to-equity ratio of 129.95. The firm has a market cap of C$815.55 million, a P/E ratio of 14.16 and a beta of 1.28. The business has a fifty day moving average of C$8.09 and a two-hundred day moving average of C$7.94. Nexus Industrial REIT has a twelve month low of C$7.31 and a twelve month high of C$8.46.

Nexus Industrial REIT (TSE:NXR.UN) last announced its quarterly earnings results on Monday, May 11th. The company reported C$0.45 earnings per share (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%. On average, analysts forecast that Nexus Industrial REIT will post 0.7800905 earnings per share for the current fiscal year.

About Nexus Industrial REIT

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.