Plymouth Industrial REIT Declares Third Quarter 2022 Preferred Stock Dividend

Rhea-AI Summary

Plymouth Industrial REIT, Inc. (NYSE: PLYM) has announced a quarterly cash dividend of $0.46875 per share, amounting to an annualized $1.875 per share, for its 7.50% Series A Cumulative Redeemable Preferred Stock (PLYM-PrA). This dividend will be payable on September 30, 2022, to shareholders recorded as of September 15, 2022. The company focuses on acquiring and managing industrial properties across the United States, enhancing its commitment to delivering value to shareholders.

Positive

• Declared quarterly cash dividend of $0.46875 per share.
• Annualized dividend of $1.875 per share indicates strong income for 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 third quarter of 2022. The dividend is payable on September 30, 2022, to stockholders of record on September 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220901005078/en/

Tripp Sullivan

SCR Partners

(615) 942-7077

TSullivan@scr-ir.com

Source: Plymouth Industrial REIT, Inc.

FAQ

What is the latest dividend amount declared by PLYM?

Plymouth Industrial REIT has declared a dividend of $0.46875 per share.

When will the PLYM dividend be paid?

The dividend will be payable on September 30, 2022.

What is the record date for the PLYM dividend?

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

What is PLYM's annualized dividend?

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

What type of stock is the dividend for?

The dividend is for the 7.50% Series A Cumulative Redeemable Preferred Stock (PLYM-PrA).