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Plymouth Industrial REIT Declares Second Quarter 2022 Preferred Stock Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Plymouth Industrial REIT (NYSE: PLYM) announced a quarterly cash dividend of $0.46875 per share, totaling $1.875 annually, for its 7.50% Series A Cumulative Redeemable Preferred Stock (PLYM-PrA). This dividend is scheduled for payment on June 30, 2022, to shareholders on record as of June 15, 2022. The company continues to focus on acquiring and managing industrial properties across the United States, reinforcing its commitment to delivering value to its investors.
Positive
Quarterly dividend of $0.46875 per share demonstrates financial health.
Annualized dividend of $1.875 signifies commitment to shareholder returns.
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 second quarter of 2022. The dividend is payable on June 30, 2022, to stockholders of record on June 15, 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.
