Plymouth Industrial REIT Declares Dividend for the Fourth Quarter of 2021

Rhea-AI Summary

Plymouth Industrial REIT, Inc. (NYSE: PLYM) has declared a quarterly cash dividend of $0.21 per share for Q4 2021, totaling an annualized rate of $0.84. The dividend is payable on January 31, 2022, to stockholders on record by the end of December 31, 2021. Plymouth focuses on the acquisition and management of industrial properties across the U.S., including warehouses and distribution centers, primarily in key logistics corridors.

Positive

• Quarterly cash dividend of $0.21 per share boosts shareholder income.
• Annualized dividend rate of $0.84 reflects company confidence.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- Plymouth Industrial REIT, Inc. (NYSE: PLYM) today announced that the Company’s board of directors has declared a regular quarterly cash dividend of $0.21 per share of common stock for the fourth quarter of 2021. The dividend, which equates to an annualized rate of $0.84 per common share, is payable on January 31, 2022, to stockholders of record as of the close of business on December 31, 2021.

About Plymouth

Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a real estate investment trust focused on the acquisition, ownership and management of single and multi-tenant industrial properties, including distribution centers, warehouses, light industrial and small bay industrial properties, located in primary and secondary markets within the main industrial, distribution and logistics corridors of the United States.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211216005116/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?

Plymouth Industrial REIT has declared a quarterly cash dividend of $0.21 per share.

When is the dividend payable for Plymouth Industrial REIT?

The dividend is payable on January 31, 2022.

What is the record date for the dividend of Plymouth Industrial REIT?

The record date for the dividend is December 31, 2021.

What is the annualized dividend rate for Plymouth Industrial REIT?

The annualized dividend rate is $0.84 per share.

What type of properties does Plymouth Industrial REIT invest in?

Plymouth Industrial REIT invests in single and multi-tenant industrial properties, including warehouses and distribution centers.