Plymouth Industrial REIT Declares Dividend for the Third Quarter of 2022

Rhea-AI Summary

Plymouth Industrial REIT (NYSE: PLYM) has declared a regular quarterly cash dividend of $0.22 per share for Q3 2022. This dividend, amounting to an annualized rate of $0.88 per common share, is scheduled for payment on October 31, 2022, to shareholders on record as of September 30, 2022. Plymouth focuses on acquiring and managing industrial properties in major U.S. markets, including warehouses and distribution centers.

Positive

• Regular quarterly cash dividend of $0.22 per share.
• Annualized dividend rate of $0.88 per share.
• Demonstrates commitment to returning value to shareholders.

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 third quarter of 2022. The dividend, which equates to an annualized rate of $0.88 per common share, is payable on October 31, 2022, to stockholders of record as of the close of business on September 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/20220915005017/en/

Tripp Sullivan

SCR Partners

(615) 942-7077

TSullivan@scr-ir.com

Source: Plymouth Industrial REIT, Inc.

FAQ

What is Plymouth Industrial REIT's dividend for Q3 2022?

Plymouth Industrial REIT has declared a dividend of $0.22 per share for Q3 2022.

When is the dividend payable for Plymouth Industrial REIT?

The dividend is payable on October 31, 2022.

What is the annualized dividend rate for Plymouth Industrial REIT?

The annualized dividend rate is $0.88 per share.

Who is eligible to receive the dividend from Plymouth Industrial REIT?

Shareholders on record as of September 30, 2022, are eligible to receive the dividend.