dividend
confidence high
sentiment neutral
materiality 0.25
Modiv Industrial declares Q1 2025 dividend on preferred and monthly common distributions
MODIV INDUSTRIAL, INC.
- Series A preferred dividend of $0.4609375 per share for Q1 2025, payable April 15, 2025 to holders of record March 31, 2025.
- Common stock monthly cash distribution of $0.0975 per share for April, May, June 2025; payable May 15, June 16, July 15, 2025.
- Annualized common distribution rate remains $1.17 per share, consistent with rate since Jan 31, 2025, implying 7.67% yield based on $15.25 close on March 12, 2025.
- Total preferred dividend declared approximately $921,875 for the quarter.