Welcome to our dedicated page for Plymouth Industr news (Ticker: PLYM), a resource for investors and traders seeking the latest updates and insights on Plymouth Industr stock.
Plymouth Industr REIT (PLYM) provides investors with essential updates through this centralized news hub tracking all corporate developments. Access official press releases and verified news covering strategic initiatives, property acquisitions, and financial performance for this vertically integrated industrial real estate specialist.
This resource delivers timely updates on earnings reports, portfolio expansions, and management strategies critical for understanding PLYM's position in Class B industrial properties. Users gain insights into the REIT's operational focus on secondary markets and its active asset management approach to warehouse and distribution center investments.
Key updates include leasing activity, capital recycling programs, and market expansion efforts that shape the company's performance. Investors and analysts can monitor how PLYM's self-managed structure and disciplined capital allocation impact its diversified industrial portfolio.
Bookmark this page for direct access to Plymouth Industr's verified announcements, eliminating the need to aggregate information from multiple sources. Check regularly for updates reflecting the REIT's ongoing commitment to industrial property value creation and stakeholder transparency.
Plymouth Industrial REIT (NYSE: PLYM) has achieved significant sustainability milestones by receiving Green Globes certification for all four projects in its development program. This certification underscores its commitment to enhancing building operations and reducing carbon emissions. Plymouth has reported that three projects received a Two Green Globes ranking, while a fourth achieved Three Green Globes. The company also highlighted investments in LED lighting, cool roofs, and solar power installations, which have positively impacted both operational efficiency and tenant satisfaction. Notably, Plymouth's environmental initiatives account for approximately 44% of its portfolio utilizing LED lighting, contributing to an 8% reduction in total electricity consumption.
Plymouth Industrial REIT, Inc. (NYSE: PLYM) has announced a quarterly cash dividend of
Plymouth Industrial REIT (NYSE: PLYM) announced its fourth-quarter 2022 results, reporting a net loss of $(0.11) per share, improving from $(0.23) in Q4 2021. Core FFO was $0.44, down from $0.46, while AFFO increased by 7.7% to $0.42 per share. Total revenues rose to $47.3 million, a 18.4% increase year-over-year. The company declared a dividend increase of 2.3%, raising the quarterly payout to $0.225 per share starting Q1 2023. Guidance for FY 2023 suggests a net loss range of $(0.13) to $(0.11) per share, with Core FFO projected at $1.84 to $1.86.
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