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Nexus Industrial REIT T.NXR.UN

Alternate Symbol(s):  EFRTF

Real Estate REIT - Industrial
Nexus Industrial REIT is a Canada-based open-ended real estate investment trust. The Company and its subsidiaries own and operate commercial real estate properties across Canada. The Company is focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. It owns a portfolio of 119 properties comprising approximately 13.0 million square feet of gross leasable area. Its industrial properties include 11250 - 189 STREET, 3501 GIFFEN ROAD NORTH, 10774 - 42 STREET SE, 261185 WAGON WHEEL WAY, 502-25 AVENUE and others. Its office properties include 127-145 RUE SAINT-PIERRE, 360 RUE NOTRE-DAME WEST, 329 RUE DE LA COMMUNE WEST, 353 RUE SAINT NICOLAS, 410 RUE SAINT NICOLAS, 2045 Rue Stanley, and others. Its retail properties include 2000 BOULEVARD LOUIS-FRECHETTE, 250 BOULEVARD FISET AND 240 RUE VICTORIA, 340 RUE BELVEDERE SOUTH and others.


TSX:NXR.UN - Post by User

Nexus Industrial REIT > Divy increase?
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Post by TVLtoWIn2on Aug 11, 2021 1:58pm
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Post# 33685678

Divy increase?

Divy increase?Is it reasonable to assume a dividend increase in the news tomorrow.  Based on the $12.00 pricing an increase to $0.06 per month would amount to a 6% annual divident yield and at historical earnings would still only be a 75% pay out ratio. Thoughts? 
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