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Plymouth Industrial REIT (Plymouth Industrial REIT) 3-Year Dividend Growth Rate : -2.60% (As of Mar. 2024)


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What is Plymouth Industrial REIT 3-Year Dividend Growth Rate?

Plymouth Industrial REIT's Dividends per Share for the three months ended in Mar. 2024 was $0.24.

The historical rank and industry rank for Plymouth Industrial REIT's 3-Year Dividend Growth Rate or its related term are showing as below:

PLYM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -17.9   Med: -10.5   Max: -2.6
Current: -2.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Plymouth Industrial REIT was -2.60% per year. The lowest was -17.90% per year. And the median was -10.50% per year.

PLYM's 3-Year Dividend Growth Rate is ranked worse than
70.06% of 501 companies
in the REITs industry
Industry Median: 2.4 vs PLYM: -2.60

During the past 12 months, Plymouth Industrial REIT's average Dividends Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -11.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Plymouth Industrial REIT's Dividend Payout Ratio for the three months ended in Mar. 2024 was 7.27. As of today, Plymouth Industrial REIT's Dividend Yield % is 4.42%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Plymouth Industrial REIT Inc is 2.13, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Plymouth Industrial REIT's 3-Year Dividend Growth Rate

For the REIT - Industrial subindustry, Plymouth Industrial REIT's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Plymouth Industrial REIT's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Plymouth Industrial REIT's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Plymouth Industrial REIT's 3-Year Dividend Growth Rate falls into.



Plymouth Industrial REIT 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Plymouth Industrial REIT  (NYSE:PLYM) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Plymouth Industrial REIT's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.24/ 0.033
=7.27

During the past 13 years, the highest Dividend Payout Ratio of Plymouth Industrial REIT was 4.50. The lowest was 2.13. And the median was 4.50.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Plymouth Industrial REIT Inc is 2.13, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Plymouth Industrial REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2400002024-03-272024-03-282024-04-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.2250002023-12-282023-12-292024-01-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.2250002023-09-282023-09-292023-10-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.2250002023-06-292023-06-302023-07-31Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Plymouth Industrial REIT's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.915/20.87
=4.38 %

Current Share Price is $20.87.
Plymouth Industrial REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.915.

During the past 13 years, the highest Dividend Yield of Plymouth Industrial REIT was 14.63%. The lowest was 1.99%. And the median was 4.67%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Plymouth Industrial REIT 3-Year Dividend Growth Rate Related Terms>


Plymouth Industrial REIT (Plymouth Industrial REIT) Business Description

Traded in Other Exchanges
N/A
Address
20 Custom House Street, 11th Floor, Boston, MA, USA, 02110
Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is Industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois and Georgia, among others. It receives income primarily from the rental revenue through its properties.
Executives
Madison International Realty Vi, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, 3RD FLOOR NY 10022
Vi Reit Mirelf 10 percent owner C/O MADISON INTERNATIONAL REALTY, LLC, 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Mirelf Vi (u.s.), Lp 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Mirelf Vi Reit Investments Iv, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Holdings Vi, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Partners Gp, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Partners, Lp 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Ronald Dickerman 10 percent owner 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Madison International Realty Holdings, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Anthony Saladino officer: EVP/CFO 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Guinee John W Iii director 600 EAST 96TH ST STE 100, INDIANAPOLIS IN 46240
Jeffrey E Witherell director, officer: CEO C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Pendleton P White director, officer: President and CIO C/O CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Caitlin Murphy director 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Philip S Cottone director C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110