Modiv Industrial raises common dividend 1.7% to $1.17 annualized; DRP discount to 5%

MODIV INDUSTRIAL, INC.

Monthly common distribution increased to $0.0975/share ($1.17 annualized), a 1.7% rise from $1.15 since Oct 2021.
Preferred dividend of $0.4609375/share for Q4 2024 payable Jan 15, 2025 to holders of record Dec 31, 2024.
DRP discount for common stock purchases raised from 3% to 5%, effective December 7, 2024.
Dividend yield based on Nov 5 closing price of $16.82 is 6.96%.
Distributions for Jan, Feb, Mar 2025 declared with payment dates in Feb, Mar, Apr 2025.

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