Dividends: Modiv Industrial (NYSE: MDV) sets preferred and common payouts
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Modiv Industrial, Inc. announced cash dividends for both its preferred and common shareholders. The company’s board authorized a quarterly dividend of $0.4609375 per share on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock for the second quarter of 2026, payable on July 15, 2026 to holders of record on June 30, 2026.
For Class C common stock, the board declared regular monthly cash distributions of $0.10 per share for July and August 2026. These distributions are payable on or about August 10, 2026 to shareholders of record on July 31, 2026 and August 3, 2026, respectively, representing an annualized distribution rate of $1.20 per common share.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 7.01, 8.01, 9.01
3 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Q2 2026 preferred dividend: $0.4609375 per share
Preferred annualized dividend: $1.84375 per share
Monthly common distribution: $0.10 per share
+5 more
8 metrics
Q2 2026 preferred dividend
$0.4609375 per share
Series A Preferred Stock; payable July 15, 2026
Preferred annualized dividend
$1.84375 per share
7.375% Series A Preferred Stock
Monthly common distribution
$0.10 per share
Class C common stock; July and August 2026
Common annualized distribution
$1.20 per share
Class C common stock based on $0.10 monthly
Preferred dividend payment date
July 15, 2026
Q2 2026 Series A dividend payment
Preferred record date
June 30, 2026
Holders of record for Q2 2026 preferred dividend
Common record dates
July 31 & August 3, 2026
Record dates for July and August common distributions
Common payment timing
On or about August 10, 2026
Payment date for July and August 2026 common distributions
Key Terms
REIT, 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, annualized dividend rate, annualized distribution rate, +2 more
6 terms
REIT financial
"Modiv Industrial, Inc. is an internally managed REIT that is focused on single-tenant net-lease industrial manufacturing real estate."
A real estate investment trust (REIT) is a company that owns, operates, or finances income-producing real estate, like shopping centers, apartments, or office buildings. For investors, REITs offer a way to invest in real estate without having to buy property directly, often providing regular income through dividends. They function like a mutual fund for real estate, making it easier for people to add property investments to their portfolio.
7.375% Series A Cumulative Redeemable Perpetual Preferred Stock financial
"7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the “Series A Preferred Stock”)"
annualized dividend rate financial
"The quarterly dividend amount of $0.4609375 per share represents an annualized dividend rate of $1.84375 per share of Series A Preferred Stock."
The annualized dividend rate is the amount of dividend income a share would generate over a full year, calculated by scaling a recent payment or periodic rate to a 12-month total — like converting a monthly paycheck into an annual salary. Investors use it to compare how much cash return different stocks or funds may provide and to estimate income relative to the current share price, though it does not guarantee future payments.
annualized distribution rate financial
"The current monthly distribution amount of $0.10 per share represents an annualized distribution rate of $1.20 per share of common stock."
The annualized distribution rate shows how much income a financial investment is expected to generate over a year, expressed as a percentage of its current value. It helps investors understand the potential yearly earnings they might receive from their investment, similar to how a rental property’s annual rent income relates to its value. This rate allows for easy comparison between different investments based on their income potential.
forward-looking statements regulatory
"Certain statements contained in this press release, other than historical facts, may be considered forward-looking statements within the meaning of Section 27A of the Securities Act."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
net-lease industrial manufacturing real estate financial
"focused on single-tenant net-lease industrial manufacturing real estate."
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 11, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction | (Commission | (I.R.S. Employer | ||||||||||||
| of incorporation) | File Number) | Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||
Registrant’s telephone number, including area code: (888 ) 686-6348
None
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01. | Regulation FD Disclosure. | |||||||
Press Release
On June 11, 2026, Modiv Industrial, Inc. (the “Company”) issued a press release announcing (i) the declaration of a quarterly dividend for the second quarter of 2026 on the Company’s 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the “Series A Preferred Stock”) and (ii) the declaration of monthly distributions on the Company’s Class C common stock, $0.001 par value per share (the “Common Stock”), for July 2026 and August 2026, a copy of which is attached hereto as Exhibit 99.1. The information set forth in Item 7.01 of this Current Report on Form 8-K and in the attached Exhibit 99.1 is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information set forth in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing.
Item 8.01. | Other Events. | |||||||
Series A Preferred Stock Dividend Declared
On May 7, 2026, the Company’s Board of Directors (the “Board”) authorized and the Company declared a dividend on the Series A Preferred Stock for the second quarter of 2026, which will be paid at a rate of $0.4609375 per share on July 15, 2026 (the “Second Quarter Dividend”). The Second Quarter Dividend will be payable to holders of record of the Company’s Series A Preferred Stock as of the close of business on June 30, 2026.
Monthly Distributions for Common Stock Declared
On June 10, 2026, the Board authorized and the Company declared a distribution on the Common Stock, at a rate of $0.10 per share of Common Stock, which will be payable to holders of record of the Common Stock as of the close of business on July 31, 2026 (the “July Dividend”). The July Dividend will be payable on or about August 10, 2026.
On June 10, 2026, the Board authorized and the Company declared a distribution on the Common Stock, at a rate of $0.10 per share of Common Stock, which will be payable to holders of record of the Common Stock as of the close of business on August 3, 2026 (the “August Dividend”). The August Dividend will be payable on or about August 10, 2026.
The per share monthly distribution rate of $0.10 per share of Common Stock is equivalent to an annualized rate of $1.20 per share.
Safe Harbor Statement
There is no guarantee that the Company’s Board will authorize, or that the Company will declare, additional dividends in the future, and the amount of future dividends, if any, and the authorization and payment thereof, will be determined by the Board based on the Company’s financial condition and such other factors as the Board deems relevant. Certain statements contained in this Current Report on Form 8-K, other than historical facts, may be considered forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These forward-looking statements can be identified by the use of words such as “believes,” “potential,” “may,” “will,” “should,” “intends,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission (“SEC”). Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this Current Report on Form 8-K and in the Company’s other filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Item 9.01. | Financial Statements and Exhibits. | |||||||
(d) Exhibits
Exhibit No. | Description | ||||
99.1 | Modiv Industrial, Inc. Press Release dated June 11, 2026 | ||||
104 | Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document | ||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MODIV INDUSTRIAL, INC. (Registrant) | |||||||||||
| By: | /s/ JOHN C. RANEY | ||||||||||
| Name: | John C. Raney | ||||||||||
| Title: | Chief Financial Officer | ||||||||||
Date: June 11, 2026
Exhibit 99.1
Modiv Industrial Declares Quarterly Dividends for Preferred Shareholders
and Monthly Distributions for Common Shareholders
Denver, CO, June 11, 2026 – Modiv Industrial, Inc. (“Modiv Industrial,” “Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company’s 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the “Series A Preferred Stock”), for the second quarter of 2026 and the declaration of regular monthly cash distributions of $0.10 per share on the Company’s Class C common stock, $0.001 par value per share (the “Common Stock”), for July and August 2026, representing an annual distribution rate of $1.20.
On May 7, 2026, the Board of Directors authorized a quarterly dividend payable to Series A Preferred Stockholders of record as of June 30, 2026, which will be paid on July 15, 2026. The quarterly dividend amount of $0.4609375 per share represents an annualized dividend rate of $1.84375 per share of Series A Preferred Stock.
Additionally, on June 10, 2026, the Board of Directors authorized a monthly distribution payable to Common Stockholders of record as of July 31, 2026 and August 3, 2026, which will be paid on or about August 10, 2026. The current monthly distribution amount of $0.10 per share represents an annualized distribution rate of $1.20 per share of common stock.
About Modiv Industrial
Modiv Industrial, Inc. is an internally managed REIT that is focused on single-tenant net-lease industrial manufacturing real estate. The Company actively acquires critical industrial manufacturing properties with long-term leases to tenants that fuel the national economy and strengthen the nation’s supply chains. For more information, please visit: www.modiv.com.
Forward-looking Statements
There is no guarantee that the Company’s Board will authorize, or that the Company will declare, additional dividends in the future, and the amount of future dividends, if any, and the authorization and payment thereof, will be determined by the Board based on the Company’s financial condition and such other factors as the Board deems relevant. Certain statements contained in this press release, other than historical facts, may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to annualized dividend rates, future distributions and distributions declared by the Company’s board of directors. Such forward-looking statements are subject to various risks and uncertainties, including but not limited to those described under the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the Securities and Exchange Commission (the “SEC”) on March 25, 2026. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in the Company’s other filings with the SEC. Any forward-looking statements herein speak only as of the time when made and are based on information available to the Company as of such date and are qualified in their entirety by this cautionary statement. The Company assumes no obligation to revise or update any such statement now or in the future, unless required by law.
Inquiries:
management@modiv.com
FAQ
What dividends did Modiv Industrial (MDV) declare on its preferred stock?
Modiv Industrial declared a regular quarterly cash dividend of $0.4609375 per share on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock for Q2 2026. It will be paid on July 15, 2026 to holders of record as of June 30, 2026.
What distributions did Modiv Industrial (MDV) declare on its Class C common stock?
The company declared regular monthly cash distributions of $0.10 per share on its Class C common stock for July and August 2026. These payments represent an annualized distribution rate of $1.20 per share for common shareholders during this period.
When will Modiv Industrial (MDV) pay the July and August 2026 common stock distributions?
The July and August 2026 monthly distributions on Modiv’s Class C common stock will both be paid on or about August 10, 2026. Eligible shareholders are those of record on July 31, 2026 for the July dividend and August 3, 2026 for the August dividend.
What are the record dates for Modiv Industrial’s Q2 2026 preferred dividend?
The record date for Modiv Industrial’s Q2 2026 preferred dividend is June 30, 2026. Shareholders holding the 7.375% Series A Preferred Stock at the close of business on that date will receive the $0.4609375 per share dividend on July 15, 2026.
What are the annualized dividend and distribution rates Modiv Industrial disclosed?
For the 7.375% Series A Preferred Stock, Modiv reported an annualized dividend rate of $1.84375 per share. For its Class C common stock, the current monthly distribution of $0.10 per share equates to an annualized rate of $1.20 per share during this period.
Did Modiv Industrial (MDV) make any guarantees about future dividends?
Modiv Industrial explicitly stated there is no guarantee its board will authorize or the company will declare additional dividends. Future dividends, if any, will depend on the company’s financial condition and other factors the board considers relevant at the time.