Modiv Industrial raises dividend to $1.20/yr; CEO outlines 24-month plan to close value gap

MODIV INDUSTRIAL, INC.

Monthly dividend increased to $0.10/share ($1.20/yr annualized), up $0.03 from prior rate.
Credit facility maturity extended to July 2028; preferred repurchase cap raised to $49.6M.
Closed sale of Issaquah, WA office to KB Homes; under contract to sell St Paul, MN asset for $4.1M.
Acquired 27.2% TIC interest in Santa Clara, CA property (FujiFilm tenant) for full ownership.
CEO states if value gap not closed in 24 months, will recommend sale of company; CFO transition planned.

item 1.01 item 5.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MODIV INDUSTRIAL, INC. amended Fourth Amendment to Credit Agreement with Keybank National Association, individually and as Agent for itself and the other Lenders (effective 2026-01-16).

Action: amendment
Agreement: credit facility
Counterparty: Keybank National Association, individually and as Agent for itself and the other Lenders
Effective: 2026-01-16

Exact text from the filing

On January 16, 2026, Modiv Industrial, Inc., a Maryland corporation (the “Company”), entered into a Fourth Amendment to Credit Agreement (the “Fourth Amendment”), by and among Modiv Operating Partnership, LP, a Delaware limited partnership (the “Operating Partnership”), the Company, the parties executing the amendment as Subsidiary Guarantors (as defined in the Fourth Amendment), Keybank National Association (“Agent”), individually and as Agent for itself and the other Lenders (as defined in the Fourth Amendment) from time to time a party to the Credit Agreement and the other Lenders which are signatories thereto.

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292 material agreements filed in the last 30 days. Browse all material agreements →

MODIV INDUSTRIAL, INC. filing history →

Source: SEC EDGAR

accession 0001140361-26-001557

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