dividend
confidence high
sentiment neutral
materiality 0.25
Modiv Industrial declares Q1 preferred dividend of $0.4609375/sh and monthly common distributions of $0.09583/sh
MODIV INDUSTRIAL, INC.
- Preferred stock: quarterly dividend $0.4609375/sh, payable Apr 15, 2024 to holders of record Mar 29, 2024.
- Common stock: monthly distribution $0.09583/sh for Apr, May, Jun 2024; pay dates around May 28, Jun 25, Jul 25.
- Annualized common distribution rate of $1.15/sh, unchanged since October 1, 2021.
- Common stock dividend yield of 7.20% based on closing price of $15.97 on March 15, 2024.