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CORRECTING and REPLACING -- Plymouth Industrial REIT Announces Tax Treatment of 2024 Dividends

1. Plymouth Industrial REIT announces 2024 dividend tax treatment for shareholders. 2. Total cash distribution for 2024 is $0.960 per share. 3. Dividend per share has been consistent at $0.240 quarterly.

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Why Bullish?

Stable dividend signals strong financial health, promoting investor confidence. Similar past dividend announcements have positively impacted REIT prices.

How important is it?

Dividend announcements are crucial for income-focused investors, strongly affecting market perception.

Why Short Term?

Dividend distribution typically affects stock price in the immediate term. Past examples show quick price adjustments following dividend announcements.

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January 22, 2025 06:00 ET  | Source: Plymouth Industrial REIT Inc. BOSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced the tax treatment of its 2024 dividends to common stockholders. The following table summarizes Plymouth Industrial REIT’s dividends to stockholders of Common Stock CUSIP #729640102 traded on the NYSE under ticker symbol “PLYM” for the tax year ended December 31, 2024: Record DatePaymentDateTotal CashDistributionPer ShareTotalDistributionAllocable to2024OrdinaryDividendPer ShareCapital GainDistributionPer ShareUnrecapturedSec. 1250 GainReturn of Capital Per Share        3/28/20244/30/2024$0.240000$0.240000$0.000000$0.240000$0.115735$0.0000006/28/20247/31/2024$0.240000$0.240000$0.000000$0.240000$0.115699$0.0000009/30/202410/31/2024$0.240000$0.240000$0.000000$0.240000$0.115710$0.00000012/31/20241/31/2025$0.240000$0.240000$0.000000$0.240000$0.115717$0.000000  $0.960000$0.960000$0.000000$0.960000$0.462861$0.000000 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. Contact:John WilfongSCR PartnersIR@plymouthreit.com

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