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Plymouth Industrial REIT Declares Dividend for the Fourth Quarter of 2021
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
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.
