StockWatch
·
Real Estate Investment Trusts
DividendJun 11, 2026, 06:07 AM

Modiv Industrial Declares Quarterly Preferred & Monthly Common Dividends

AI Summary

Modiv Industrial, Inc. announced the declaration of a quarterly cash dividend for its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock and monthly cash distributions for its Class C Common Stock. The preferred stock dividend is $0.4609375 per share for the second quarter of 2026, payable on July 15, 2026. The common stock distributions are $0.10 per share for July and August 2026, both payable on or about August 10, 2026, representing an annualized rate of $1.20 per share.

Key Highlights

  • Modiv Industrial declared a quarterly dividend of $0.4609375 per share for its 7.375% Series A Preferred Stock.
  • The Series A Preferred Stock dividend is payable on July 15, 2026, to shareholders of record as of June 30, 2026.
  • The annualized dividend rate for Series A Preferred Stock is $1.84375 per share.
  • The company declared a monthly distribution of $0.10 per share for its Class C Common Stock for July 2026.
  • The July Common Stock distribution is payable on or about August 10, 2026, to shareholders of record as of July 31, 2026.
  • Modiv Industrial also declared a monthly distribution of $0.10 per share for its Class C Common Stock for August 2026.
  • The August Common Stock distribution is payable on or about August 10, 2026, to shareholders of record as of August 3, 2026.
  • The annualized distribution rate for Common Stock is $1.20 per share.