Modiv Industrial Dividends and Buybacks
Dividend criteria checks 4/6
Modiv Industrial is a dividend paying company with a current yield of 7.08% that is well covered by earnings. Next payment date is on 25th November, 2024 with an ex-dividend date of 31st October, 2024.
Key information
7.1%
Dividend yield
4.3%
Buyback Yield
| Total Shareholder Yield | 11.4% |
| Future Dividend Yield | 7.2% |
| Dividend Growth | -3.3% |
| Next dividend pay date | 25 Nov 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | US$1.150 |
| 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 has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Modiv Industrial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MDV) | 7.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (REITs) | 5.4% |
| Analyst forecast (MDV) (up to 3 years) | 7.2% |
Notable Dividend: MDV's dividend (7.08%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: MDV's dividend (7.08%) is in the top 25% of dividend payers in the US market (4.32%)
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 (67.4%), MDV's dividend payments are covered by cash flows.