Modiv Industrial, Inc. ("Modiv Industrial," "Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, has made a significant announcement regarding dividends and distributions for its shareholders.

Overview of the Announcement

The Company declared a regular quarterly cash dividend of $0.4609375 per share on the Company’s 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the "Series A Preferred Stock"), for the fourth quarter of 2024. Additionally, Modiv Industrial also announced monthly distributions for common shareholders and a reduction in the discount rate for the distribution reinvestment plan.

Quarterly Dividends for Preferred Shareholders

For the fourth quarter of 2024, Modiv Industrial has declared a regular quarterly cash dividend of $0.4609375 per share on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock. This demonstrates the Company's commitment to providing value to its preferred shareholders through consistent dividend payments.

Monthly Distributions for Common Shareholders

In addition to the quarterly dividends for preferred shareholders, Modiv Industrial has also announced monthly distributions for common shareholders. These distributions provide a steady stream of income to common shareholders, further enhancing the overall return on investment for this shareholder group.

Reduction in Discount Rate for Distribution Reinvestment Plan

Another significant development from Modiv Industrial is the reduction in the discount rate for the distribution reinvestment plan. This reduction can benefit shareholders who choose to reinvest their distributions into additional shares of the Company, potentially increasing their overall holdings over time.

Enhancing Shareholder Value

The actions taken by Modiv Industrial, including the declaration of quarterly dividends for preferred shareholders, monthly distributions for common shareholders, and the reduction in the discount rate for the distribution reinvestment plan, are aimed at enhancing shareholder value. By offering attractive dividend and distribution options, the Company seeks to reward its shareholders for their investment in Modiv Industrial.

Commitment to Shareholder Returns

Modiv Industrial's decision to declare quarterly dividends for preferred shareholders and monthly distributions for common shareholders reflects the Company's commitment to providing consistent and competitive returns to its investor base. These actions underscore the Company's dedication to shareholder value and financial performance.

Focus on Preferred Shareholders

With the declaration of quarterly dividends for preferred shareholders, Modiv Industrial is recognizing the importance of this shareholder group and prioritizing their financial interests. By offering a regular cash dividend on the Series A Preferred Stock, the Company aims to reward these shareholders for their investment in Modiv Industrial.

Benefits of Monthly Distributions

The announcement of monthly distributions for common shareholders provides several benefits, including a more frequent income stream and potentially increased total returns over time. These distributions can contribute to the overall attractiveness of investing in Modiv Industrial for common shareholders.

Strategic Decision Making

The decision to reduce the discount rate for the distribution reinvestment plan underscores Modiv Industrial's strategic approach to capital allocation and shareholder relations. By making this adjustment, the Company is aligning its interests with those of shareholders who choose to reinvest their distributions.

Long-Term Growth Potential

Modiv Industrial's focus on enhancing shareholder value through dividends, distributions, and the discount rate reduction highlights the Company's long-term growth potential. By providing attractive investment options for shareholders, Modiv Industrial aims to position itself as a leading choice for investors seeking stable returns in the industrial real estate sector.

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