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Plymouth Industrial REIT Announces Tax Treatment of 2024 Dividends

1. PLYM declared $0.24 quarterly dividends for 2024. 2. Tax treatment specified as ordinary dividends and return of capital. 3. Total dividends for the year amount to $0.967658 per share.

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Why Bullish?

Consistent dividends often attract investors, leading to potential price appreciation.

How important is it?

Dividends are a key factor for REIT valuation, influencing investor sentiment.

Why Long Term?

Steady dividend payments may build investor confidence over time, impacting valuation.

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January 21, 2025 17:00 ET  | Source: Plymouth Industrial REIT Inc. BOSTON, Jan. 21, 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 DatePayment DateTotal Cash Distribution Per ShareTotal Distribution Allocable to 2024Ordinary Dividend Per ShareCapital Gain Distribution Per ShareUnrecaptured Sec. 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  $0.967658$0.967658$0.000000$0.967658$0.466565$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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