CORRECTING and REPLACING -- Plymouth Industrial REIT Announces Tax Treatment of 2024 Dividends
Rhea-AI Summary
Plymouth Industrial REIT (NYSE: PLYM) has released details about the tax treatment of its 2024 dividends for common stockholders. The company distributed a total of $0.96 per share throughout 2024, paid in four equal quarterly installments of $0.24 per share.
The dividends were distributed on the following dates: April 30, July 31, October 31, 2024, and January 31, 2025 (for stockholders of record on March 28, June 28, September 30, and December 31, 2024, respectively). Of the total distribution, $0.96 per share was classified as ordinary dividends, with approximately $0.46 per share qualifying as unrecaptured Section 1250 gain. There were no capital gain distributions or return of capital components in the 2024 dividends.
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BOSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced the tax treatment of its 2024 dividends to common stockholders. The following table summarizes Plymouth Industrial REIT’s dividends to stockholders of Common Stock CUSIP #729640102 traded on the NYSE under ticker symbol “PLYM” for the tax year ended December 31, 2024:
| Record Date | Payment Date | Total Cash Distribution Per Share | Total Distribution Allocable to 2024 | Ordinary Dividend Per Share | Capital Gain Distribution Per Share | Unrecaptured Sec. 1250 Gain | Return of Capital Per Share | ||||||
| 3/28/2024 | 4/30/2024 | $ | 0.240000 | $ | 0.240000 | $ | 0.000000 | $ | 0.240000 | $ | 0.115735 | $ | 0.000000 |
| 6/28/2024 | 7/31/2024 | $ | 0.240000 | $ | 0.240000 | $ | 0.000000 | $ | 0.240000 | $ | 0.115699 | $ | 0.000000 |
| 9/30/2024 | 10/31/2024 | $ | 0.240000 | $ | 0.240000 | $ | 0.000000 | $ | 0.240000 | $ | 0.115710 | $ | 0.000000 |
| 12/31/2024 | 1/31/2025 | $ | 0.240000 | $ | 0.240000 | $ | 0.000000 | $ | 0.240000 | $ | 0.115717 | $ | 0.000000 |
| $ | 0.960000 | $ | 0.960000 | $ | 0.000000 | $ | 0.960000 | $ | 0.462861 | $ | 0.000000 | ||
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.
| Contact: |
| John Wilfong |
| SCR Partners |
| IR@plymouthreit.com |
FAQ
What is the total dividend amount paid by Plymouth Industrial REIT (PLYM) in 2024?
How much of PLYM's 2024 dividend was classified as ordinary income?
What portion of PLYM's 2024 dividend qualified as unrecaptured Section 1250 gain?
When were PLYM's quarterly dividends paid in 2024?
Did Plymouth Industrial REIT's 2024 dividends include any return of capital?
What were the record dates for PLYM's 2024 dividend payments?
