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Plymouth Industrial REIT Declares Fourth Quarter 2020 Common Stock Dividend

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dividends
Rhea-AI Summary

Plymouth Industrial REIT, with ticker symbol PLYM, has declared a quarterly cash dividend of $0.20 per diluted share for Q4 2020, amounting to an annualized $0.80. This dividend is set for payment on January 29, 2021, to stockholders recorded as of December 31, 2020. The company focuses on acquiring and operating industrial properties across the U.S. to enhance shareholder value through active asset management and disciplined capital deployment.

Positive
  • Quarterly cash dividend of $0.20 per diluted share.
  • Annualized dividend of $0.80 per diluted share.
  • Dividend payment reflects company confidence in ongoing revenue generation.
Negative
  • None.

Plymouth Industrial REIT, Inc. (NYSE: PLYM) today announced that the Company’s board of directors declared a regular quarterly cash dividend of $0.20 per diluted share, or an annualized dividend of $0.80 per diluted share, for the fourth quarter of 2020. The dividend is payable on January 29, 2021, to stockholders of record on December 31, 2020.

About Plymouth

Plymouth Industrial REIT, Inc. is a vertically integrated and self-managed real estate investment trust focused on the acquisition and operation of single and multi-tenant industrial properties located in secondary and select primary markets across the United States. The Company seeks to acquire properties that provide income and growth that enable the Company to leverage its real estate operating expertise to enhance shareholder value through active asset management, prudent property re-positioning and disciplined capital deployment.

FAQ

What is the dividend declaration date for PLYM?

Plymouth Industrial REIT declared its quarterly cash dividend on December 15, 2020.

When is the dividend payment date for PLYM?

The dividend is payable on January 29, 2021.

What is the annualized dividend amount for PLYM?

The annualized dividend amount for Plymouth Industrial REIT is $0.80 per diluted share.

Who is eligible to receive the dividend from PLYM?

Stockholders of record as of December 31, 2020, are eligible to receive the dividend.

Plymouth Industrial REIT, Inc.

NYSE:PLYM

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789.77M
40.47M
1.41%
109.94%
1.31%
REIT - Industrial
Real Estate Investment Trusts
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United States of America
BOSTON