PLYM Plymouth Industrial REIT dividend history, payout ratio & dates
Plymouth Industrial REIT's latest cash dividend of $0.24 per share was issued to shareholders on record before Sep 30, 2024. The dividend distribution stands at $0.95 per share annually, which comes to a dividend yield of 5.03%.
Key dates
- PLYM last dividend date: Sep 30, 2024
PLYM dividend stats
vs. Real Estate sector
Dividend yield
PLYM has a dividend yield of 5.03% which is higher than the industry average but lower than the Real Estate sector average. In comparison with the Real Estate sector average of 5.99%, Plymouth Industrial REIT's dividend yield is 16% lower. The current dividend yield is lower than the historical average of 5.5% of the last 5 years.
Dividend history
Plymouth Industrial REIT has been paying dividends for the last seven years. Our records show that PLYM has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 6% since twelve months ago. And with the price of the stock down by 10% from a year ago, the dividend yield has an increase of 18%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 30, 2024 | $0.24 | 4.18% |
| Jun 28, 2024 | $0.24 | 4.35% |
| Mar 27, 2024 | $0.24 | 4.14% |
| Dec 28, 2023 | $0.225 | 3.71% |
| Sep 28, 2023 | $0.225 | 4.25% |
| Jun 29, 2023 | $0.225 | 3.86% |
| Mar 30, 2023 | $0.225 | 4.32% |
| Dec 29, 2022 | $0.22 | 4.62% |
| Sep 29, 2022 | $0.22 | 5.31% |
| Jun 29, 2022 | $0.22 | 4.97% |
| Mar 30, 2022 | $0.22 | 3.18% |
| Dec 30, 2021 | $0.21 | 2.64% |
| Sep 29, 2021 | $0.21 | 3.64% |
| Jun 29, 2021 | $0.21 | 4.07% |
| Mar 30, 2021 | $0.2 | 4.78% |
| Dec 30, 2020 | $0.2 | 6.61% |
| Sep 29, 2020 | $0.2 | 9.33% |
| Jun 29, 2020 | $0.2 | 10.66% |
| Mar 30, 2020 | $0.375 | 13.4% |
| Dec 30, 2019 | $0.375 | 8.32% |
| Sep 27, 2019 | $0.375 | 8.25% |
| Jun 27, 2019 | $0.375 | 7.88% |
| Mar 28, 2019 | $0.375 | 8.97% |
| Dec 27, 2018 | $0.375 | 12.48% |
| Sep 27, 2018 | $0.375 | 9.58% |
| Jun 28, 2018 | $0.375 | 9.38% |
| Mar 28, 2018 | $0.375 | 7.08% |
| Dec 28, 2017 | $0.375 | 4.47% |
| Sep 28, 2017 | $0.375 | 2.41% |
| Jul 5, 2017 | $0.065 | 0.34% |
Plymouth Industrial REIT dividend payout ratio
Payout ratio
PLYM has a payout ratio of 3,150% which is higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 121%, Plymouth Industrial REIT's payout ratio is 2,503% higher.
Total amount of dividends paid per financial year (from cash flow)
PLYM dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NNN National Retail Properties Inc | 5.24% | $2.29 | 106% |
| PLYM Plymouth Industrial REIT Inc | 5.03% | $0.95 | 3,150% |
| NHI National Health Investors Inc | 4.62% | $3.6 | 123.3% |
Frequently asked questions
Does Plymouth Industrial REIT pay a dividend?
Yes, Plymouth Industrial REIT has paid four dividends in the last twelve months. PLYM has been paying dividends since 2017.
When was PLYM's last dividend?
Plymouth Industrial REIT's last regular dividend was on Sep 30, 2024 (ex-date) with the amount of $0.24 per share.
How much dividend does Plymouth Industrial REIT pay (per share)?
PLYM has paid dividend of $0.95 per share in the last year.
What is Plymouth Industrial REIT's dividend yield?
The current dividend yield of Plymouth Industrial REIT is 5.03%.
How often does Plymouth Industrial REIT pay dividends?
Plymouth Industrial REIT pays four dividends per year.
What is Plymouth Industrial REIT's dividend payout ratio?
Plymouth Industrial REIT's dividend payout ratio is 3,150%.
Does Plymouth Industrial REIT pay a good dividend?
Plymouth Industrial REIT's dividend yield is lower than the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.