dividend
confidence high
sentiment positive
materiality 0.25
Modiv Industrial declares $0.4609375/shr preferred dividend, $0.09583/shr monthly common distribution
MODIV INDUSTRIAL, INC.
- Q4 2023 preferred dividend of $0.4609375/shr payable Jan 16, 2024 to holders of record Dec 29, 2023; annualized $1.84375/shr.
- Monthly common distribution of $0.09583/shr for Jan, Feb, Mar 2024; annualized $1.15/shr, yield 7.7% based on Dec 13 close.
- Record dates: Jan 31 (Jan dist.), Feb 29 (Feb dist.), Mar 29 (Mar dist.); payments on or about Feb 26, Mar 25, Apr 25.
- Distribution rates unchanged since October 2021; Board may adjust future dividends based on financial condition.