Modiv Industrial Dividend
Dividend criteria checks 4/6
Modiv Industrial is a dividend paying company with a current yield of 7.7% that is well covered by earnings. Next payment date is on 28th May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
7.7%
Dividend yield
99%
Payout ratio
| Industry average yield | 6.0% |
| Next dividend pay date | 28 May 24 |
| Ex dividend date | 29 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | -US$1.12 |
| Dividend yield forecast in 3Y | 7.7% |
Recent dividend updates
Recent updates
Modiv Industrial: A 7.2% Dividend Yield From Made In The USA
Mar 17Modiv Industrial: Industry Tailwinds Support Dividend Yield And Potential Upside
Dec 07Modiv: Might Be Moving In The Right Direction
Aug 18Modiv reports Q4 results
Feb 23Modiv Inc: High Cost Of Financing Leaves Little Scope For Expansion
Nov 15Modiv declares $0.0958 dividend
Nov 09Modiv declares goes ex dividend tomorrow
Oct 27Modiv GAAP AFFO of $0.35, revenue of $10.4M
Aug 11Modiv goes ex dividend tomorrow
Jul 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MDV has been paying a dividend for less than 10 years.
Growing Dividend: MDV has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Modiv Industrial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MDV) | 7.7% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (REITs) | 6.0% |
| Analyst forecast in 3 Years (MDV) | 7.7% |
Notable Dividend: MDV's dividend (7.7%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: MDV's dividend (7.7%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (99.4%), MDV's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.9%), MDV's dividend payments are covered by cash flows.