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Nexus Industrial REIT Dividends

NXR-UN.TO Stock Analysis

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Section title

Dividend Yield
7.86%
Payout Ratio
104.92%
Dividend Amount Per Share
$0.64
Last Ex-Dividend Date
Oct 31, 2024

NXR-UN.TO Dividend Safety

NXR-UN.TO paid out 104.92% of its $160M earnings as dividends over the last 12 months.

Unsafe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

NXR-UN.TO's Dividend Payout Ratio of 104.918% is considered high for the Real Estate sector, potentially restricting the funds available for reinvestment and threatening future growth.

Interest Rate Coverage

NXR-UN.TO's Interest Coverage Ratio of 3.3 indicates strong financial health with easy coverage of interest expenses.

Income Quality

NXR-UN.TO demonstrates poor income quality with a ratio of 0.319. This indicates low-quality earnings and high risk of dividend cuts.

NXR-UN.TO Dividend Growth

Nexus Industrial REIT(NXR-UN.TO) offers a dividend yield of 7.86% and pays $0.64 in dividends per share. Explore the historical dividend growth of NXR-UN.TO.

Dividend Stability

NXR-UN.TO has shown inconsistent dividend payments over the past 10 years with 1 cuts over 5%.

Dividend Growth

NXR-UN.TO's dividend payments have shown very poor growth, shrinking by -67.011% over the last 5 years.

Earnings Growth

NXR-UN.TO's earnings have grown by 40.56% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

NXR-UN.TO Dividend Yield Attractiveness

Nexus Industrial REIT(NXR-UN.TO) provides a dividend yield of 7.86%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

Industry

Sector

NXR-UN.TO

Peers

5.00%

6.59%

7.86%

8.28%

Dividend Yield

NXR-UN.TO's dividend yield of 7.86% is considered good compared to the sector average of 6.587%, providing a strong safety margin for investors.

NXR-UN.TO Cash Flow

Over the past 12 months, NXR-UN.TO generated $173M in revenue, produced $37M in free cash flow, and distributed $40M in dividends.

100%75%50%25%0%

Free Cash Flow Growth

NXR-UN.TO's free cash flow has grown by 10.685% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.

NXR-UN.TO Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Nexus Industrial REIT. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.