Plymouth Industrial REIT's latest quarterly cash dividend of $0.24 per share was issued to shareholders on record before Mar 27, 2024. The dividend distribution stands at $0.92 per share annually, which comes to a dividend yield of 4.14%. The latest PLYM dividend of $0.24 is an increase from the previous $0.225 payout, representing a growth of 7%.
PLYM has a dividend yield of 4.14% which is higher than the industry average but lower than the Real Estate sector average. In comparison with the Real Estate sector average of 6.3%, Plymouth Industrial REIT's dividend yield is 34% lower. The current dividend yield is lower than the historical average of 6.0% of the last 5 years.
Plymouth Industrial REIT has been paying dividends for the last seven years. Our records show that PLYM has distributed five quarterly dividends in the past year. The annualized dividend per share has an increase of 4% since twelve months ago. However with the price of the stock up by 11% from a year ago, the dividend yield has a decrease of 7%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Mar 27, 2024 | Apr 30, 2024 | Feb 21, 2024 | $0.24 | normal |
Dec 28, 2023 | Jan 31, 2024 | Dec 15, 2023 | $0.225 | normal |
Sep 28, 2023 | Oct 31, 2023 | Sep 15, 2023 | $0.225 | normal |
Jun 29, 2023 | Jul 31, 2023 | Jun 15, 2023 | $0.225 | normal |
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 |
PLYM has a payout ratio of 457.5% which is higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 138%, Plymouth Industrial REIT's payout ratio is 232% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
O Realty Income Corp | 5.67% | $3.07 | 243.6% |
PLYM Plymouth Industrial REIT Inc | 4.07% | $0.92 | 457.5% |
Yes, Plymouth Industrial REIT has paid five 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 2024.
Plymouth Industrial REIT's last regular dividend was on Mar 27, 2024 (ex-date) with the amount of $0.24 per share.
PLYM has paid dividend of $0.92 per share in the last year.
The current dividend yield of Plymouth Industrial REIT is 4.14%.
Plymouth Industrial REIT pays four dividends per year.
Plymouth Industrial REIT's dividend payout ratio is 457.5%.
Plymouth Industrial REIT's dividend yield is lower than the Real Estate sector average.