Plymouth Industrial REIT Declares Fourth Quarter 2021 Preferred Stock Dividend

Rhea-AI Summary

Plymouth Industrial REIT, Inc. (NYSE: PLYM) has declared a quarterly cash dividend of $0.46875 per share, resulting in an annualized dividend of $1.875 for its 7.50% Series A Cumulative Redeemable Preferred Stock (PLYM-PrA). This dividend is payable on December 31, 2021, to stockholders of record on December 15, 2021. This financial decision underscores the company's commitment to returning value to its shareholders amidst ongoing operations in acquiring and managing industrial properties across the United States.

Positive

• Quarterly cash dividend of $0.46875 per share declared.
• Annualized dividend of $1.875 per share highlights commitment to shareholders.

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 $0.46875 per share, or an annualized dividend of $1.875 per share, for the Company’s 7.50% Series A Cumulative Redeemable Preferred Stock (PLYM-PrA) for the fourth quarter of 2021. The dividend is payable on December 31, 2021, to stockholders of record on December 15, 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/20211201005080/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 (PLYM)?

The dividend amount declared by Plymouth Industrial REIT (PLYM) is $0.46875 per share.

When is the dividend payable for Plymouth Industrial REIT (PLYM)?

The dividend is payable on December 31, 2021.

What is the record date for the dividend of Plymouth Industrial REIT (PLYM)?

The record date for the dividend is December 15, 2021.

How often does Plymouth Industrial REIT (PLYM) pay dividends?

Plymouth Industrial REIT (PLYM) pays dividends quarterly.

What is the annualized dividend for Plymouth Industrial REIT (PLYM)?

The annualized dividend for Plymouth Industrial REIT (PLYM) is $1.875 per share.