Modiv Industrial Dividends and Buybacks
Dividend criteria checks 4/6
Modiv Industrial is a dividend paying company with a current yield of 7.4% that is well covered by earnings. Next payment date is on 24th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
7.4%
Dividend yield
4.4%
Buyback Yield
| Total Shareholder Yield | 11.8% |
| Future Dividend Yield | 7.4% |
| Dividend Growth | -3.0% |
| Next dividend pay date | 24 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$1.170 |
| Payout ratio | 84% |
Recent dividend and buyback updates
Recent updates
Modiv Industrial: Solid Q3 Earnings And Dividend Bumped, But Still Not Buying
Nov 08Modiv Industrial: Unclear Growth But No Red Flags
May 30Modiv 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 15Stability 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's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Modiv Industrial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MDV) | 7.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (REITs) | 5.7% |
| Analyst forecast (MDV) (up to 3 years) | 7.4% |
Notable Dividend: MDV's dividend (7.4%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: MDV's dividend (7.4%) is in the top 25% of dividend payers in the US market (4.5%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.9%), MDV's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.6%), MDV's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Modiv Industrial, Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gaurav Mehta | Alliance Global Partners |
| Bryan Maher | B. Riley Securities, Inc. |
| Barry Oxford | Colliers Securities |