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

Nexus Industrial REIT (TSE:NXR.UNGet Free Report) announced a monthly dividend on Tuesday, March 31st, TickerTech Dividends reports. Stockholders of record on Wednesday, April 15th will be paid a dividend of 0.0533 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend 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 opened at C$7.38 on Friday. The stock has a 50 day moving average price of C$7.79 and a 200 day moving average price of C$7.82. Nexus Industrial REIT has a one year low of C$5.98 and a one year high of C$8.41. The company has a debt-to-equity ratio of 129.95, a quick ratio of 0.12 and a current ratio of 0.44. The stock has a market capitalization of C$716.40 million, a price-to-earnings ratio of 12.02 and a beta of 1.43.

Nexus Industrial REIT (TSE:NXR.UNGet Free Report) last announced its earnings results on Thursday, March 5th. The company reported C$0.43 earnings per share (EPS) for the quarter. The company had revenue of C$44.88 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 forecast that Nexus Industrial REIT will post 0.7800905 earnings per share for the current fiscal year.

About Nexus Industrial REIT

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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.

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Dividend History for Nexus Industrial REIT (TSE:NXR.UN)

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