Plymouth Industrial REIT Declares Dividend for the Second Quarter of 2022

Rhea-AI Summary

Plymouth Industrial REIT (NYSE: PLYM) has declared a quarterly cash dividend of $0.22 per share for Q2 2022. This dividend, representing an annualized rate of $0.88 per common share, is set to be paid on July 29, 2022, to stockholders on record as of June 30, 2022. The company continues to focus on acquiring, owning, and managing industrial properties in key U.S. markets.

Positive

• Quarterly cash dividend of $0.22 per share, showing commitment to returning value to shareholders.
• Annualized dividend rate of $0.88, indicating a stable income for investors.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced that the Company’s board of directors has declared a regular quarterly cash dividend of $0.22 per share of common stock for the second quarter of 2022. The dividend, which equates to an annualized rate of $0.88 per common share, is payable on July 29, 2022, to stockholders of record as of the close of business on June 30, 2022.

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/20220615005147/en/

Tripp Sullivan

SCR Partners

(615) 942-7077

TSullivan@scr-ir.com

Source: Plymouth Industrial REIT, Inc.

FAQ

What is the dividend amount for Plymouth Industrial REIT (PLYM) in Q2 2022?

The dividend amount for Q2 2022 is $0.22 per share.

When will the dividend for PLYM be paid?

The dividend will be paid on July 29, 2022.

What is the record date for the PLYM dividend?

The record date for the dividend is June 30, 2022.

What is the annualized dividend rate for PLYM?

The annualized dividend rate for PLYM is $0.88 per share.