Nexus Industrial REIT Dividends and Buybacks
Dividend criteria checks 5/6
Nexus Industrial REIT is a dividend paying company with a current yield of 8.04% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
8.0%
Dividend yield
-11.3%
Buyback Yield
| Total Shareholder Yield | -3.3% |
| Future Dividend Yield | 8.0% |
| Dividend Growth | -1.7% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$0.464 |
| Payout ratio | 62% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EFRT.F's dividends per share have been stable in the past 10 years.
Growing Dividend: EFRT.F'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 (EFRT.F) | 8.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Industrial REITs) | 3.4% |
| Analyst forecast (EFRT.F) (up to 3 years) | 8.0% |
Notable Dividend: EFRT.F's dividend (8.04%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: EFRT.F's dividend (8.04%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.8%), EFRT.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (127.1%), EFRT.F's dividend payments are not well covered by cash flows.