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Plymouth Industrial REIT Declares Third Quarter 2021 Preferred Stock Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Plymouth Industrial REIT has announced a quarterly cash dividend of $0.46875 per share for its 7.50% Series A Cumulative Redeemable Preferred Stock (PLYM-PrA) for Q3 2021. This equates to an annualized dividend of $1.875 per share. The dividend will be payable on September 30, 2021, to shareholders on record as of September 15, 2021.
Positive
Quarterly dividend of $0.46875 demonstrates ongoing shareholder returns.
Annualized dividend yield is attractive at $1.875 per share.
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 third quarter of 2021. The dividend is payable on September 30, 2021, to stockholders of record on September 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.
