Plymouth Industrial REIT Declares Fourth Quarter 2022 Preferred Stock Dividend

Rhea-AI Summary

Plymouth Industrial REIT, Inc. (NYSE: PLYM) has declared a quarterly cash dividend of $0.46875 per share, amounting to an annualized dividend of $1.875 per share for its Series A Cumulative Redeemable Preferred Stock (PLYM-PrA) for Q4 2022. This dividend is scheduled to be paid on January 3, 2023, to shareholders of record on December 15, 2022. The company's focus remains on the acquisition, ownership, and management of industrial properties, aiming to provide cost-effective spaces for tenants.

Positive

• Declared quarterly cash dividend of $0.46875 per share.
• Annualized dividend of $1.875 per share demonstrates ongoing shareholder return.

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 2022. The dividend is payable on January 3, 2023, to stockholders of record on December 15, 2022.

About Plymouth

Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties. Our mission is to provide tenants with cost effective space that is functional, flexible and safe.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221201005113/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 declared dividend amount is $0.46875 per share.

When will the dividend for PLYM be paid?

The dividend will be paid on January 3, 2023.

What is the record date for the PLYM dividend?

The record date for the dividend is December 15, 2022.

How often does Plymouth Industrial REIT pay dividends?

Plymouth Industrial REIT pays dividends quarterly.

What is the annualized dividend for PLYM's Series A Preferred Stock?

The annualized dividend for PLYM's Series A Preferred Stock is $1.875 per share.