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Nexus REIT Declares Upcoming Cash Distributions
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Nexus REIT Declares Upcoming Cash Distributions

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Nexus Real Estate Investment (TSE:NXR.UN) has released an update.

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Nexus Industrial REIT has announced cash distributions for September and October 2024, both set at $0.05333 per unit, which equates to an annualized payout of $0.64 per unit. These dividends are scheduled for payment to unitholders on record by the end of the respective months. Nexus Industrial REIT is a growth-oriented company that owns and manages a portfolio of 119 industrial properties across Canada.

For further insights into TSE:NXR.UN stock, check out TipRanks’ Stock Analysis page.

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