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0.0497366881217087 0.0497366881217087 0.0497366881217087 0.0497366881217087 0.0497366881217087 -0.00643651258045637 0.0169689877121125 0.0145465184318315
Stock impact report

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 Show less Read more
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