Modiv Announces Q1 Dividends and Monthly Distributions

An update from Modiv (MDV) is now available.

Modiv Industrial, Inc. has declared dividends for its Series A Preferred Stock and monthly distributions for its Class C common stock for the first quarter of 2024. Preferred stockholders can expect a dividend payment in mid-April, while common stockholders are set for distributions in late May, June, and July. The company’s commitment to these payouts continues the established dividend rate from the previous year, illustrating a steady financial approach. However, future dividends are not guaranteed and will depend on the company’s financial health and other considerations deemed relevant by the board.

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