Plymouth Industrial REIT's latest quarterly cash dividend of $0.225 per share was issued to shareholders on record before Mar 30, 2023. The dividend distribution stands at $0.89 per share annually, which comes to a dividend yield of 4.04%. The latest PLYM dividend of $0.225 is an increase from the previous $0.22 payout, representing a growth of 2.3%.
PLYM has a dividend yield of 4.04% which is higher than the industry average but lower than the Real Estate sector average. In comparison with the Real Estate sector average of 7.49%, Plymouth Industrial REIT's dividend yield is 46% lower. The current dividend yield is lower than the historical average of 7.1% of the last 5 years.
Plymouth Industrial REIT has been paying dividends for the last six years. Our records show that PLYM has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 4.1% since twelve months ago. However with the price of the stock up by 9% from a year ago, the dividend yield has a decrease of 4.2%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 30, 2023 | Apr 28, 2023 | Feb 22, 2023 | $0.225 | normal |
| Dec 29, 2022 | Jan 31, 2023 | Dec 15, 2022 | $0.22 | normal |
| Sep 29, 2022 | Oct 31, 2022 | Sep 15, 2022 | $0.22 | normal |
| Jun 29, 2022 | Jul 29, 2022 | Jun 15, 2022 | $0.22 | normal |
| Mar 30, 2022 | Apr 29, 2022 | Feb 16, 2022 | $0.22 | normal |
| Dec 30, 2021 | Jan 31, 2022 | Dec 16, 2021 | $0.21 | normal |
| Sep 29, 2021 | Oct 29, 2021 | Sep 15, 2021 | $0.21 | normal |
| Jun 29, 2021 | Jul 30, 2021 | May 6, 2021 | $0.21 | normal |
| Mar 30, 2021 | Apr 30, 2021 | Mar 16, 2021 | $0.2 | normal |
| Dec 30, 2020 | Jan 29, 2021 | Dec 15, 2020 | $0.2 | normal |
| Sep 29, 2020 | Oct 30, 2020 | Sep 15, 2020 | $0.2 | normal |
| Jun 29, 2020 | Jul 31, 2020 | Jun 12, 2020 | $0.2 | normal |
| Mar 30, 2020 | Apr 30, 2020 | Mar 16, 2020 | $0.375 | normal |
| Dec 30, 2019 | Jan 31, 2020 | Dec 13, 2019 | $0.375 | normal |
| Sep 27, 2019 | Oct 31, 2019 | Sep 13, 2019 | $0.375 | normal |
| Jun 27, 2019 | Jul 31, 2019 | Jun 14, 2019 | $0.375 | normal |
| Mar 28, 2019 | Mar 14, 2019 | $0.375 | normal | |
| Dec 27, 2018 | Jan 31, 2019 | Dec 14, 2018 | $0.375 | normal |
| Sep 27, 2018 | Oct 31, 2018 | Sep 14, 2018 | $0.375 | normal |
| Jun 28, 2018 | Jul 31, 2018 | Jun 14, 2018 | $0.375 | normal |
| Mar 29, 2018 | Mar 15, 2018 | $0.375 | normal | |
| Mar 28, 2018 | Apr 30, 2018 | Mar 15, 2018 | $0.375 | normal |
| Dec 28, 2017 | Jan 31, 2018 | Dec 15, 2017 | $0.375 | normal |
| Sep 28, 2017 | Oct 31, 2017 | Sep 14, 2017 | $0.375 | normal |
| Jul 6, 2017 | Jun 26, 2017 | $0.065 | normal | |
| Jul 5, 2017 | Jul 31, 2017 | Jun 26, 2017 | $0.065 | normal |
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PDM Piedmont Office Realty Trust Inc | 13.77% | $0.84 | 121.7% |
| PLYM Plymouth Industrial REIT Inc | 4.04% | $0.89 | N/A |
| PEB Pebblebrook Hotel Trust | 0.29% | $0.04 | N/A |
Yes, Plymouth Industrial REIT has paid four dividends in the last twelve months. PLYM has been paying dividends since 2017.
PLYM hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in June 2023.
Plymouth Industrial REIT's last regular dividend was on Mar 30, 2023 (ex-date) with the amount of $0.225 per share.
PLYM has paid dividend of $0.89 per share in the last year.
The current dividend yield of Plymouth Industrial REIT is 4.04%.
Plymouth Industrial REIT pays four dividends per year.
Plymouth Industrial REIT's dividend yield is lower than the Real Estate sector average.