Modiv Industrial Declares Quarterly Dividends for Preferred Shareholders and Monthly Distributions for Common Shareholders and Reduces Discount Rate for Distribution Reinvestment Plan
Modiv Industrial, 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 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 fourth quarter of 2024 and the declaration of a regular monthly cash distribution of $0.0975 per share on the Company’s Class C common stock, $0.001 par value per share (the “Common Stock”), for each of January, February and March 2025, representing an annual distribution rate of $1.17 and an increase of 1.7% over the annualized distribution rate of $1.15 per share that has been paid since October 1, 2021.On November 4, 2024, the Board of Directors authorized a quarterly dividend payable to Series A Preferred Stockholders of record as of Dec
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News
- Modiv Industrial Announces Third Quarter 2024 Results and Increases DividendBusiness Wire
- Modiv Industrial Announces Release Date for Third Quarter 2024 ResultsBusiness Wire
- Modiv Industrial Declares Quarterly Dividends for Preferred Shareholders and Monthly Distributions for Common ShareholdersBusiness Wire
MDV
Earnings
- 11/6/24 - In-Line
MDV
Sec Filings
- 11/6/24 - Form 8-K
- 11/6/24 - Form 8-K
- 11/6/24 - Form 10-Q
- MDV's page on the SEC website