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Modiv Announces 2024 Dividend Tax Treatment Details
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Modiv Announces 2024 Dividend Tax Treatment Details

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Invest with Confidence:

The latest update is out from Modiv ( (MDV) ).

On January 16, 2025, Modiv Industrial announced the tax treatment of dividends for the year 2024. The total common stock distributions were $2.31480, with an ordinary income portion of 16.13% and non-taxable distributions making up 83.87%. The Series A preferred stock dividends amounted to $1.84375, entirely considered ordinary income. Shareholders are advised to consult with tax advisors regarding their specific tax situations.

More about Modiv

Modiv Industrial, Inc. is an internally managed Real Estate Investment Trust (REIT) specializing in single-tenant net-lease industrial manufacturing real estate. The company focuses on acquiring critical industrial properties with long-term leases to tenants that contribute to national economic growth and bolster supply chains.

YTD Price Performance: -1.86%

Average Trading Volume: 37,808

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $137.6M

For a thorough assessment of MDV stock, go to TipRanks’ Stock Analysis page.

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