Plymouth Industrial REIT Declares Dividend for the Third Quarter of 2021

Rhea-AI Summary

Plymouth Industrial REIT, Inc. (NYSE: PLYM) has declared a quarterly cash dividend of $0.21 per share for Q3 2021, translating to an annualized rate of $0.84 per share. This dividend will be payable on October 29, 2021, to stockholders on record as of September 30, 2021. The company focuses on acquiring and managing industrial properties across the U.S., including warehouses and distribution centers, targeting prime industrial corridors.

Positive

• Quarterly cash dividend of $0.21 per share announced.
• Annualized dividend rate of $0.84 demonstrates commitment to returning value to shareholders.
• Favorable market positioning in industrial real estate.

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 third quarter of 2021. The dividend, which equates to an annualized rate of $0.84 per common share, is payable on October 29, 2021, to stockholders of record as of the close of business on September 30, 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/20210915005062/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 Q3 2021?

The declared dividend amount is $0.21 per share.

When will Plymouth Industrial REIT's Q3 2021 dividend be paid?

The dividend will be payable on October 29, 2021.

What is the record date for Plymouth Industrial REIT's Q3 2021 dividend?

The record date is September 30, 2021.

What is the annualized dividend rate for Plymouth Industrial REIT?

The annualized dividend rate is $0.84 per share.