Plymouth Industrial REIT Declares Dividend for the Fourth Quarter of 2024
Rhea-AI Summary
Plymouth Industrial REIT (NYSE: PLYM) has declared a quarterly cash dividend of $0.24 per share for Q4 2024. The dividend will be paid on January 31, 2025, to stockholders of record as of December 31, 2024. This quarterly dividend translates to an annualized rate of $0.96 per common share.
Positive
- Regular quarterly dividend maintained at $0.24 per share
- Annualized dividend yield provides steady income stream of $0.96 per share
Negative
- None.
News Market Reaction – PLYM
In the trading session that priced this news, PLYM gained 1.18%, 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, Dec. 13, 2024 (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.
Contact:
Tripp Sullivan
SCR Partners
IR@plymouthreit.com
