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Stock impact report

Modiv Industrial Announces Tax Treatment of 2024 Dividends

Modiv Inc. Class C (MDV) 
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--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 tax treatment for its 2024 common stock and preferred stock dividends.Total Common Stock Distributions Paid in 2024:$ 2.31480 (a)Ordinary Income Portion of Distributions$ 0.37338 (16.13%)Non-Taxable Distributions (Return of Capital)$ 1.94142 (83.87%)  (a) Includes $1.1648 per share distribution of Generation Income Properties, Inc. common stock on January 31, 2024 Total Series A Preferred Stock Dividends Paid in 2024:$ 1.84375Ordinary Income Portion of Dividends$ 1.84375 (100.0%)Non-Taxable Distributions (Return of Capital)$ 0.00000 (0.0%)Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of any Modiv Industrial distributions received.About Modiv IndustrialModiv Industrial, Inc., is an internally managed REIT that Show less Read more
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