Note: All amounts referenced are in Canadian Dollars. On our last coverage of Nexus Industrial REIT (NXR.UN:CA) we stamped a third consecutive buy for it, despite a challenging payout ratio. That said ...

Nexus Industrial REIT had a strong Q3-2024, with property revenues up 14.4% and NOI up 11.1%. The REIT has an 8% yield, but the payout ratio remains over 100%. We examine the setup and threat of Trump ...