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Nexus Industrial REIT (Nexus Industrial REIT) Forward Dividend Yield % : 9.12% (As of Apr. 27, 2024)


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What is Nexus Industrial REIT Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of Nexus Industrial REIT is 9.12%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of Nexus Industrial REIT is 9.10%.

EFRTF's Forward Dividend Yield % is ranked better than
65.94% of 831 companies
in the REITs industry
Industry Median: 7.41 vs EFRTF: 9.12

Nexus Industrial REIT's Dividends per Share for the three months ended in Dec. 2023 was $0.12.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Nexus Industrial REIT was 2.90% per year. The lowest was 2.90% per year. And the median was 2.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Nexus Industrial REIT's Forward Dividend Yield %

For the REIT - Industrial subindustry, Nexus Industrial REIT's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nexus Industrial REIT's Forward Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Nexus Industrial REIT's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nexus Industrial REIT's Forward Dividend Yield % falls into.



Nexus Industrial REIT Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Nexus Industrial REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0532024-03-272024-03-292024-04-15Cash DividendmonthlyCAD:USD 0.738242
CAD 0.0532024-02-282024-02-292024-03-15Cash DividendmonthlyCAD:USD 0.737028
CAD 0.0532024-01-302024-01-312024-02-15Cash DividendmonthlyCAD:USD 0.747161
CAD 0.0532023-12-282023-12-292024-01-15Cash DividendmonthlyCAD:USD 0.754720
CAD 0.0532023-11-292023-11-302023-12-15Cash DividendmonthlyCAD:USD 0.735998
CAD 0.0532023-10-302023-10-312023-11-15Cash DividendmonthlyCAD:USD 0.720565
CAD 0.0532023-09-282023-09-292023-10-16Cash DividendmonthlyCAD:USD 0.735808
CAD 0.0532023-08-302023-08-312023-09-15Cash DividendmonthlyCAD:USD 0.738607
CAD 0.0532023-07-282023-07-312023-08-15Cash DividendmonthlyCAD:USD 0.759878
CAD 0.0532023-06-292023-06-302023-07-14Cash DividendmonthlyCAD:USD 0.755744
CAD 0.0532023-05-302023-05-312023-06-15Cash DividendmonthlyCAD:USD 0.735943

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Nexus Industrial REIT's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.469521912/5.21
=9.01 %

Current Share Price is $5.21.
Nexus Industrial REIT's Dividends per Share for the forward twelve months is calculated as $0.039126826 * 12 = $0.469521912.

Nexus Industrial REIT's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.432463782/5.21
=8.30 %

Current Share Price is $5.21.
Nexus Industrial REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.432463782.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nexus Industrial REIT  (OTCPK:EFRTF) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Nexus Industrial REIT Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Nexus Industrial REIT's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nexus Industrial REIT (Nexus Industrial REIT) Business Description

Traded in Other Exchanges
Address
211-1540 Cornwall Road, Oakville, ON, CAN, L6J7W5
Nexus Industrial REIT is a Canada-based growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office, and retail properties.

Nexus Industrial REIT (Nexus Industrial REIT) Headlines

From GuruFocus

Nexus REIT Announces Q3 2019 Results and December 2019 Distribution

By GlobeNewswire GlobeNewswire 11-20-2019