Plymouth Industrial REIT, Inc. Declares Dividend for the First Quarter of 2024, Payable on April 30, 2024
February 21, 2024 at 04:15 pm EST
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On February 21, 2024, the board of directors of Plymouth Industrial REIT, Inc. declared a 6.7% increase in the regular quarterly common stock dividend to $0.240 per share effective with the first quarter of 2024, or an annualized rate of $0.96 per share. The dividend will be paid on April 30, 2024, to stockholders of record on March 28, 2024.
Plymouth Industrial REIT, Inc. is a full service, vertically integrated, self-administered and self-managed real estate investment trust. The Company is focused on the acquisition, ownership, management, redevelopment and development of single and multi-tenant industrial properties, including distribution centers, warehouses, light industrial and small bay industrial properties, located in primary and secondary markets, as well as select sub-markets in United States. Its portfolio consists of approximately 156 industrial properties comprising over 211 buildings located in 12 states, with an aggregate of approximately 34.0 million rentable square feet. It owns substantially all of its assets and conducts substantially all of its business through Plymouth Industrial OP, LP (the Operating Partnership). Its portfolio consists of holdings in various markets: Chicago, Cleveland, Memphis, Jacksonville, St. Louis, Indianapolis, Columbus, Cincinnati, Atlanta, Boston, Charlotte, and Kansas City.