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

Nexus Industrial REIT (TSE:NXR.UN) declared a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Shareholders 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 is Friday, May 29th.

Nexus Industrial REIT Stock Down 0.6%

NXR.UN stock opened at C$8.00 on Wednesday. The company has a debt-to-equity ratio of 129.95, a current ratio of 0.44 and a quick ratio of 0.12. The stock has a market capitalization of C$776.71 million, a price-to-earnings ratio of 13.48 and a beta of 1.38. The business’s fifty day moving average price is C$7.81 and its two-hundred day moving average price is C$7.83. Nexus Industrial REIT has a fifty-two week low of C$7.19 and a fifty-two week high of C$8.41.

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 firm 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, equities 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.