Nexus Industrial REIT (TSE:NXR.UN – Get Free Report) Director Kelly Clark Hanczyk purchased 2,000 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The stock was bought at an average cost of C$8.79 per share, with a total value of C$17,580.00.
Nexus Industrial REIT Price Performance
Shares of NXR.UN opened at C$8.76 on Thursday. Nexus Industrial REIT has a twelve month low of C$6.08 and a twelve month high of C$9.15. The company has a market capitalization of C$619.68 million, a P/E ratio of 3.67 and a beta of 1.51. The firm has a 50 day moving average of C$8.24 and a 200 day moving average of C$7.55. The company has a quick ratio of 0.12, a current ratio of 0.44 and a debt-to-equity ratio of 129.95.
Nexus Industrial REIT Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 15th will be issued a $0.0533 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.30%. The ex-dividend date of this dividend is Thursday, October 31st. Nexus Industrial REIT’s payout ratio is 26.89%.
Wall Street Analyst Weigh In
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About Nexus Industrial REIT
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.
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