Plymouth Industrial REIT Declares Dividend for the Fourth Quarter of 2022

Rhea-AI Summary

Plymouth Industrial REIT (NYSE: PLYM) has announced a quarterly cash dividend of $0.22 per share for Q4 2022, translating to an annualized rate of $0.88 per share. The dividend is payable on January 31, 2023, to shareholders of record as of December 30, 2022. Plymouth continues to focus on the acquisition and management of industrial properties, providing effective and safe spaces for tenants.

Positive

• Declared quarterly cash dividend of $0.22 per share.
• Annualized dividend yield of $0.88 per share reflects company confidence.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced that its board of directors has declared a regular quarterly cash dividend of $0.22 per share of common stock for the fourth quarter of 2022. The dividend, which equates to an annualized rate of $0.88 per common share, is payable on January 31, 2023, to stockholders of record as of the close of business on December 30, 2022.

About Plymouth

Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties. Our mission is to provide tenants with cost effective space that is functional, flexible and safe.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221215005021/en/

Tripp Sullivan

SCR Partners

(615) 942-7077

TSullivan@scr-ir.com

Source: Plymouth Industrial REIT, Inc.

FAQ

What is the dividend amount declared by Plymouth Industrial REIT for Q4 2022?

Plymouth Industrial REIT declared a dividend of $0.22 per share for Q4 2022.

When is the dividend payable for Plymouth Industrial REIT?

The dividend is payable on January 31, 2023.

What is the record date for the dividend payment by Plymouth Industrial REIT?

The record date for the dividend payment is December 30, 2022.

What is the annualized dividend rate for Plymouth Industrial REIT?

The annualized dividend rate for Plymouth Industrial REIT is $0.88 per share.