secwatch.observer — SEC 8-K summary
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Issuer:     MODIV INDUSTRIAL, INC. (MDV)
CIK:        0001645873
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001645873-24-000177
Event type: dividend
Sentiment:  positive
Materiality: 0.55
Item codes: 3.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1645873/000164587324000177/0001645873-24-000177-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1645873/000164587324000177/cik0001645873-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001645873-24-000177

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