dividend
confidence high
sentiment neutral
materiality 0.25
Modiv Industrial declares Q2 preferred dividend and monthly common distributions at unchanged rates
MODIV INDUSTRIAL, INC.
- Preferred Series A dividend: $0.4609375/share quarterly ($1.84375 annualized), payable July 15, record June 28.
- Common monthly distribution: $0.09583/share ($1.15 annualized) for July, August, and September 2024.
- Common distribution yield: 7.3% based on May 21 close of $15.66 per share.
- Record dates: common July 31, Aug 30, Sep 30; pay dates: Aug 26, Sep 25, Oct 25, 2024.
- Annualized common rate unchanged since October 1, 2021.