Nexus Industrial REIT Dividend
Dividend criteria checks 5/6
Nexus Industrial REIT is a dividend paying company with a current yield of 9.1% that is well covered by earnings.
Key information
9.1%
Dividend yield
57%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$2.32 |
| Dividend yield forecast in 3Y | 9.1% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NXR.UN's dividends per share have been stable in the past 10 years.
Growing Dividend: NXR.UN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nexus Industrial REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NXR.UN) | 9.1% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Industrial REITs) | 3.9% |
| Analyst forecast in 3 Years (NXR.UN) | 9.1% |
Notable Dividend: NXR.UN's dividend (9.1%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: NXR.UN's dividend (9.1%) is in the top 25% of dividend payers in the Canadian market (6.56%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.5%), NXR.UN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (117.2%), NXR.UN's dividend payments are not well covered by cash flows.