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Plymouth Industrial REIT Declares Dividend for the Second Quarter of 2024

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dividends

Rhea-AI Summary

Plymouth Industrial REIT announced a quarterly cash dividend of $0.24 per share for Q2 2024. This brings the annualized dividend rate to $0.96 per share.

The dividend will be paid on July 31, 2024, to shareholders who hold the stock by June 28, 2024.

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Positive

  • Declared quarterly dividend of $0.24 per share.
  • Annualized dividend rate of $0.96 per share.
  • Dividend payment date set for July 31, 2024.

Negative

  • No information on revenue or net income provided.
  • No details on any potential financial challenges.

News Market Reaction – PLYM

-0.52%
-0.52% Session move

In the trading session that priced this news, PLYM declined 0.52%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BOSTON, June 14, 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 $0.24 per share of common stock for the second quarter of 2024. The dividend, which equates to an annualized rate of $0.96 per common share, is payable on July 31, 2024, to stockholders of record as of the close of business on June 28, 2024.

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


FAQ

What is the dividend amount declared by Plymouth Industrial REIT for Q2 2024?

Plymouth Industrial REIT declared a quarterly dividend of $0.24 per share for Q2 2024.

What is the annualized dividend rate for Plymouth Industrial REIT in 2024?

The annualized dividend rate for Plymouth Industrial REIT in 2024 is $0.96 per share.

When will Plymouth Industrial REIT pay the Q2 2024 dividend?

Plymouth Industrial REIT will pay the Q2 2024 dividend on July 31, 2024.

What is the record date for Plymouth Industrial REIT's Q2 2024 dividend?

The record date for Plymouth Industrial REIT's Q2 2024 dividend is June 28, 2024.