Plymouth Industrial REIT, Inc. is a vertically integrated and self-managed real estate investment trust focused on the acquisition and operation of single and multi-tenant industrial properties located in secondary and select primary markets across the United States. The Company seeks to acquire properties that provide income and growth that enable the Company to leverage its real estate operating expertise to enhance shareholder value through active asset management, prudent property re-positioning and disciplined capital deployment.
Plymouth Industrial REIT Dividend Announcement
• Plymouth Industrial REIT announced a quarterly dividend of $0.24 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-09-30
• Plymouth Industrial REIT annual dividend for 2024 was $0.72
• Plymouth Industrial REIT annual dividend for 2023 was $0.90
• Plymouth Industrial REIT's trailing twelve-month (TTM) dividend yield is 4.68%
• Plymouth Industrial REIT's payout ratio for the trailing twelve months (TTM) is 155.30%
• Plymouth Industrial REIT's dividend growth over the last five years (2018-2023) was -9.71% year
Plymouth Industrial REIT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.24 | quarterly | 2024-10-31 |
2024-06-28 | $0.24 | quarterly | 2024-07-31 |
2024-03-27 | $0.24 | quarterly | 2024-04-30 |
2023-12-28 | $0.23 | quarterly | 2024-01-31 |
2023-09-28 | $0.23 | quarterly | 2023-10-31 |
2023-06-29 | $0.23 | quarterly | 2023-07-31 |
2023-03-30 | $0.23 | quarterly | 2023-04-28 |
2022-12-29 | $0.22 | quarterly | 2023-01-31 |
2022-09-29 | $0.22 | quarterly | 2022-10-31 |
2022-06-29 | $0.22 | quarterly | 2022-07-29 |
2022-03-30 | $0.22 | quarterly | 2022-04-29 |
2021-12-30 | $0.21 | quarterly | 2022-01-31 |
2021-09-29 | $0.21 | quarterly | 2021-10-29 |
2021-06-29 | $0.21 | quarterly | 2021-07-30 |
2021-03-30 | $0.20 | quarterly | 2021-04-30 |
2020-12-30 | $0.20 | quarterly | 2021-01-29 |
2020-09-29 | $0.20 | quarterly | 2020-10-30 |
2020-06-29 | $0.20 | quarterly | 2020-07-31 |
2020-03-30 | $0.38 | quarterly | 2020-04-30 |
2019-12-30 | $0.38 | quarterly | 2020-01-31 |
2019-09-27 | $0.38 | quarterly | 2019-10-31 |
2019-06-27 | $0.38 | quarterly | 2019-07-31 |
2019-03-28 | $0.38 | quarterly | 2019-04-30 |
2018-12-27 | $0.38 | quarterly | 2019-01-31 |
2018-09-27 | $0.38 | quarterly | 2018-10-31 |
2018-06-28 | $0.38 | quarterly | 2018-07-31 |
2018-03-28 | $0.38 | quarterly | 2018-04-30 |
2017-12-28 | $0.38 | quarterly | 2018-01-31 |
2017-09-28 | $0.38 | quarterly | 2017-10-31 |
2017-07-05 | $0.07 | quarterly | 2017-07-31 |
Plymouth Industrial REIT Dividend per year
Plymouth Industrial REIT Dividend growth
Plymouth Industrial REIT Dividend Yield
Plymouth Industrial REIT current trailing twelve-month (TTM) dividend yield is 4.68%. Interested in purchasing Plymouth Industrial REIT stock? Use our calculator to estimate your expected dividend yield:
Plymouth Industrial REIT Financial Ratios
Plymouth Industrial REIT Dividend FAQ
Other factors to consider when evaluating Plymouth Industrial REIT as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Plymouth Industrial REIT's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Plymouth Industrial REIT publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Plymouth Industrial REIT distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Plymouth Industrial REIT are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Plymouth Industrial REIT sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Plymouth Industrial REIT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Plymouth Industrial REIT declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Plymouth Industrial REIT's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Plymouth Industrial REIT's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.