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

Nexus Industrial REIT (TSE:NXR.UN) announced a monthly dividend on Tuesday, June 30th, TickerTech Dividends reports. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.0533 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 7.9%. The ex-dividend date is Tuesday, June 30th.

Nexus Industrial REIT Price Performance

Shares of TSE:NXR.UN opened at C$8.06 on Friday. The business’s 50 day simple moving average is C$7.98 and its 200-day simple moving average is C$7.88. The firm has a market capitalization of C$782.54 million, a price-to-earnings ratio of 13.58 and a beta of 1.29. The company has a debt-to-equity ratio of 129.95, a current ratio of 0.44 and a quick ratio of 0.12. Nexus Industrial REIT has a 12 month low of C$7.31 and a 12 month high of C$8.41.

Nexus Industrial REIT (TSE:NXR.UN) last posted its earnings results on Monday, May 11th. The company reported C$0.45 earnings per share (EPS) for the quarter. Nexus Industrial REIT had a return on equity of 16.47% and a net margin of 99.45%.The firm had revenue of C$46.02 million for the quarter. As a group, equities analysts forecast 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.