The latest update is out from Modiv ( (MDV) ).
On March 13, 2025, Modiv Industrial announced the declaration of a quarterly dividend for its Series A Preferred Stock and monthly distributions for its Class C common stock for April, May, and June 2025. The quarterly dividend for the Series A Preferred Stock is set at $0.4609375 per share, payable on April 15, 2025, while the monthly distribution for the common stock is $0.0975 per share, maintaining an annualized rate of $1.17. These announcements reflect Modiv’s ongoing commitment to providing consistent returns to its shareholders, with the common stock yielding a 7.67% dividend based on the closing price as of March 12, 2025.
More about Modiv
Modiv Industrial, Inc. is an internally managed Real Estate Investment Trust (REIT) focused on acquiring single-tenant net-lease industrial manufacturing real estate properties. The company targets critical industrial manufacturing properties with long-term leases to tenants that support the national economy and enhance supply chains.
YTD Price Performance: 3.88%
Average Trading Volume: 36,527
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $152.8M
Find detailed analytics on MDV stock on TipRanks’ Stock Analysis page.