Plymouth Industrial REIT declares a $0.24 quarterly dividend, payable October 31, 2025, to eligible stockholders.
Quiver AI Summary
Plymouth Industrial REIT, Inc. has announced a quarterly cash dividend of $0.24 per share for the third quarter of 2025, translating to an annualized rate of $0.96 per share. The dividend will be paid on October 31, 2025, to stockholders recorded as of September 30, 2025. Plymouth Industrial REIT focuses on acquiring, owning, and managing industrial properties, aiming to offer cost-effective, functional, and safe spaces for tenants.
Potential Positives
- The declaration of a regular quarterly cash dividend of $0.24 per share demonstrates the company's commitment to returning value to its shareholders.
- The annualized dividend rate of $0.96 indicates stable financial performance and the ability to maintain consistent payouts to investors.
- The dividend payment schedule highlights the company's compliance with regulatory requirements, reinforcing financial transparency and accountability.
Potential Negatives
- The declaration of a regular quarterly cash dividend may indicate constraints on the company's financial flexibility, as paying dividends can limit available capital for reinvestment or operational needs.
- The relatively low dividend rate of $0.24 per share might not meet the expectations of investors seeking higher returns, potentially impacting investor sentiment.
- The announcement does not provide details on the company's overall financial performance or growth prospects, which may raise concerns among shareholders about the company's future stability and profitability.
FAQ
What is the declared dividend amount for Plymouth Industrial REIT in Q3 2025?
The declared dividend amount is $0.24 per share of common stock for the third quarter of 2025.
When is the dividend payable to stockholders?
The dividend is payable on October 31, 2025.
What is the record date for Plymouth Industrial REIT's dividend?
The record date for the dividend is September 30, 2025.
What is the annualized dividend rate for Plymouth Industrial REIT?
The annualized dividend rate is $0.96 per common share.
What type of properties does Plymouth Industrial REIT focus on?
Plymouth Industrial REIT focuses on single and multi-tenant industrial properties.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PLYM Insider Trading Activity
$PLYM insiders have traded $PLYM stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $PLYM stock by insiders over the last 6 months:
- JOHN W III GUINEE purchased 5,250 shares for an estimated $89,250
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PLYM Hedge Fund Activity
We have seen 96 institutional investors add shares of $PLYM stock to their portfolio, and 100 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NEUBERGER BERMAN GROUP LLC added 1,592,767 shares (+inf%) to their portfolio in Q2 2025, for an estimated $25,579,838
- BLACKROCK, INC. removed 617,915 shares (-14.2%) from their portfolio in Q2 2025, for an estimated $9,923,714
- SILVERCREST ASSET MANAGEMENT GROUP LLC removed 575,427 shares (-27.0%) from their portfolio in Q2 2025, for an estimated $9,241,357
- WELLINGTON MANAGEMENT GROUP LLP removed 486,681 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $7,932,900
- THRIVENT FINANCIAL FOR LUTHERANS removed 347,634 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $5,666,434
- QUBE RESEARCH & TECHNOLOGIES LTD removed 278,379 shares (-66.5%) from their portfolio in Q2 2025, for an estimated $4,470,766
- MACQUARIE GROUP LTD added 196,751 shares (+12.4%) to their portfolio in Q2 2025, for an estimated $3,159,821
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$PLYM Analyst Ratings
Wall Street analysts have issued reports on $PLYM in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Baird issued a "Outperform" rating on 05/08/2025
- Keybanc issued a "Overweight" rating on 04/08/2025
- Citizens Capital Markets issued a "Market Outperform" rating on 03/21/2025
To track analyst ratings and price targets for $PLYM, check out Quiver Quantitative's $PLYM forecast page.
$PLYM Price Targets
Multiple analysts have issued price targets for $PLYM recently. We have seen 6 analysts offer price targets for $PLYM in the last 6 months, with a median target of $20.0.
Here are some recent targets:
- John Kim from BMO Capital set a target price of $24.0 on 08/21/2025
- Anthony Hau from Truist Securities set a target price of $21.0 on 08/20/2025
- David Rodgers from Baird set a target price of $19.0 on 05/08/2025
- Todd Thomas from Keybanc set a target price of $18.0 on 04/08/2025
- Brendan Lynch from Barclays set a target price of $18.0 on 03/31/2025
- Mitch Germain from Citizens Capital Markets set a target price of $24.0 on 03/21/2025
Full Release
BOSTON, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT , Inc. (NYSE: PLYM) (the “Company”) today announced that its board of directors has declared a regular quarterly cash dividend of $0.24 per share of common stock for the third quarter of 2025. The dividend, which equates to an annualized rate of $0.96 per common share, is payable on October 31, 2025, to stockholders of record as of the close of business on September 30, 2025.
About Plymouth
Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties. Our mission is to provide tenants with cost effective space that is functional, flexible and safe.