2024-03-20 15:49:22 ET
Summary
- Nexus Industrial REIT stock has seen positive total returns since our last article but has given back two-thirds of its peak gains.
- The Q4 2023 report shows plenty to be optimistic about, but the AFFO payout ratio is bordering on 100%.
- We look at the safety of the yield and tell you why we would buy it even if it was cut.
Note: All amounts discussed are in Canadian Dollars and the stock price refers to the TSX stock price and not the OTC one. ...
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For further details see:
Nexus Industrial: A Look At The Safety Of The 8.5% Yield