Nexus Industrial REIT (TSE:NXR.UN – Get Free Report) Director Edwin E. Mclaughlin acquired 53,000 shares of the stock in a transaction dated Thursday, August 29th. The shares were purchased at an average cost of C$8.45 per share, with a total value of C$448,024.90.
Nexus Industrial REIT Price Performance
NXR.UN opened at C$8.42 on Friday. Nexus Industrial REIT has a 12-month low of C$6.08 and a 12-month high of C$8.61. The company has a market cap of C$595.63 million, a price-to-earnings ratio of 3.54 and a beta of 1.51. The company has a current ratio of 0.44, a quick ratio of 0.12 and a debt-to-equity ratio of 129.95. The stock has a fifty day simple moving average of C$7.67 and a two-hundred day simple moving average of C$7.43.
Nexus Industrial REIT Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, September 16th. Investors of record on Monday, September 16th will be paid a $0.0533 dividend. The ex-dividend date is Friday, August 30th. This represents a $0.64 annualized dividend and a dividend yield of 7.60%. Nexus Industrial REIT’s payout ratio is 26.89%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on Nexus Industrial REIT
Nexus Industrial REIT Company Profile
Nexus 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 located in primary and secondary markets in North America. The REIT currently owns a portfolio of 73 properties comprising approximately 4.1 million square feet of rentable area.
Read More
- Five stocks we like better than Nexus Industrial REIT
- The 3 Best Blue-Chip Stocks to Buy Now
- Emerging Markets: What They Are and Why They Matter
- How to Calculate Options Profits
- Recession or Not, These 3 Stocks Are Winners
- What to Know About Investing in Penny Stocks
- Why NVIDIA Is More of a Screaming Buy Than Ever
Receive News & Ratings for Nexus Industrial REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nexus Industrial REIT and related companies with MarketBeat.com's FREE daily email newsletter.