Modiv Industrial Inc Stock Price, News & Analysis

Modiv Industrial (NYSE:MDV) announced a $0.03 annual dividend increase to $1.20 per share ($0.10 monthly) and provided a strategic update on portfolio recycling, capital plan and leadership. The company closed sale of its Issaquah, WA office, is under contract to sell a vacant St. Paul, MN asset for $4.1M with a $1.5M non‑refundable deposit, and acquired a 27.2% TIC interest in its Santa Clara property to obtain 100% ownership. Modiv reported >$2M of additional AFFO from recent actions, expects to complete 12–15 asset sales within 24 months using 1031 exchanges, will end its DRP (adding ~$0.01 AFFO), and extended its term loan maturity to July 2028. CFO Ray Pacini will transition after the 2025 10‑K; John Raney will become CFO thereafter.

Modiv Industrial (NYSE:MDV) declared a regular quarterly cash dividend of $0.4609375 per share on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock for Q4 2025. The Board authorized the quarterly dividend on November 12, 2025 for holders of record as of December 31, 2025, with payment scheduled for January 15, 2026. The stated quarterly amount annualizes to $1.84375 per share of Series A preferred stock.

Modiv Industrial (NYSE:MDV) reported third quarter 2025 results for the period ended September 30, 2025. Revenue was $11.7 million and net income attributable to common stockholders was $0.3 million. AFFO was $4.5 million or $0.36 per diluted share, a 22% increase versus the year-ago quarter and $0.02 above consensus.

The company operates a 43-property portfolio with annualized base rent of $38.9 million, WALT of 14.2 years, $8.3 million unrestricted cash, $30 million revolver availability, 100% fixed-rate debt at a 4.27% weighted average, and a 48% leverage ratio.

Modiv Industrial (NYSE:MDV) declared a regular monthly cash distribution of $0.0975 per share on its Class C common stock for October, November and December 2025, representing an annualized rate of $1.17 per share and a 8.1% dividend yield based on the $14.38 closing price on October 16, 2025.

Record dates are Oct 31, 2025, Nov 28, 2025 and Dec 31, 2025, with payment dates on or about Nov 14, 2025, Dec 15, 2025 and Jan 15, 2026. Modiv also announced it will report Q3 2025 financial results after market close on Nov 14, 2025, with a management conference call at 4:30 p.m. ET and a live webcast.

Modiv Industrial (NYSE:MDV), a REIT focused exclusively on industrial manufacturing real estate properties, has declared a quarterly dividend for its Series A Preferred Stock holders. The company will pay a dividend of $0.4609375 per share for Q3 2025, representing an annualized dividend rate of $1.84375.

The dividend payment is scheduled for October 15, 2025, with a record date of September 30, 2025, as authorized by the Board of Directors on August 5, 2025.

Modiv Industrial (NYSE:MDV), the exclusive public REIT focused on industrial manufacturing real estate properties, has scheduled its Q2 2025 financial results announcement for August 7, 2025, before market opening.

The company will host a conference call at 11:00 a.m. Eastern Time on the same day. Investors can access the call via phone (1-800-717-1738 or 1-646-307-1865) or through a webcast available on the company's investor relations website.

Modiv Industrial (NYSE:MDV), a REIT focused exclusively on industrial manufacturing real estate, has declared dividends for both preferred and common shareholders. For Series A Preferred Stock, a quarterly dividend of $0.4609375 per share ($1.84375 annualized) will be paid on July 15, 2025, to shareholders of record as of June 30, 2025. For Common Stock, monthly distributions of $0.0975 per share ($1.17 annualized) will be paid for July, August, and September 2025. The common stock distribution represents an 8.07% yield based on the June 17, 2025 closing price of $14.49, maintaining consistency with payments since January 2025.

Modiv Industrial (NYSE:MDV) has provided detailed clarification about its proposed reverse stock split proposal in its 2025 proxy statement. The company is seeking stockholder approval for a 1:500 to 1:1,500 reverse stock split of common stock, to be implemented before December 31, 2026. CEO Aaron Halfacre emphasizes this is not meant to permanently elevate share prices, but rather serves as an administrative function to reduce costs and potentially increase liquidity. The plan involves a temporary reverse split followed by a forward split to return to normal price levels. The primary goal is to address the company's unusual situation of having over 4,000 transfer agent accounts, with 3,500 accounts holding fewer than 1,500 shares, many of which appear dormant. This legacy from Modiv's history as a crowdfunded REIT results in significant annual transfer agent costs. The proposed strategy would only cash out fractional shares at the participant level, minimizing impact on active retail investors while eliminating dormant accounts.

Modiv Industrial (NYSE:MDV) reported strong Q1 2025 results with revenue of $11.8 million and AFFO of $3.9 million ($0.33 per diluted share), marking an 18% year-over-year increase and beating consensus estimates. The company repurchased 275,000 preferred shares at $23.74 average price and secured a 10-year lease renewal with FujiFilm Dimatix in Santa Clara. CEO Aaron Halfacre provided extensive insights on tariff impacts, reporting minimal disruption to their manufacturing tenants' operations. Based on extensive tenant feedback, most manufacturers were well-prepared for tariffs due to COVID-19 lessons, with many having alternative suppliers and noting immaterial impact on their operations. The company's strategic focus on non-consumer discretionary products and critical infrastructure manufacturing has proven resilient.