secwatch.observer — SEC 8-K summary
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Issuer:     MODIV INDUSTRIAL, INC. (MDV)
CIK:        0001645873
Form:       8-K
Filed at:   2024-03-18T23:59:59+00:00
Accession:  0001645873-24-000036
Event type: dividend
Sentiment:  neutral
Materiality: 0.25
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Modiv Industrial declares Q1 preferred dividend of $0.4609375/sh and monthly common distributions of $0.09583/sh
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1645873/000164587324000036/0001645873-24-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1645873/000164587324000036/cik0001645873-20240318.htm
  HTML page:      https://secwatch.observer/filing/0001645873-24-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer