Plymouth Industrial REIT Declares Dividend for the First Quarter of 2025
Rhea-AI Summary
Plymouth Industrial REIT (NYSE: PLYM) has announced its quarterly dividend for Q1 2025. The company's board of directors declared a regular quarterly cash dividend of $0.24 per share of common stock. This dividend translates to an annualized rate of $0.96 per common share. Shareholders of record as of March 31, 2025, will receive the payment on April 30, 2025.
Positive
- Regular quarterly dividend maintained at $0.24 per share
- Consistent dividend payments indicating financial stability
Negative
- None.
News Market Reaction – PLYM
In the trading session that priced this news, PLYM gained 1.07%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BOSTON, March 14, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced that its board of directors has declared a regular quarterly cash dividend of
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.
Contacts:
Plymouth Industrial REIT, Inc.
John Wilfong
SCR Partners
IR@plymouthreit.com
