Plymouth Industrial REIT Dividends and Buybacks
Dividend criteria checks 4/6
Plymouth Industrial REIT is a dividend paying company with a current yield of 5.33% that is well covered by earnings. Next payment date is on 31st January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
5.3%
Dividend yield
0.004%
Buyback Yield
| Total Shareholder Yield | 5.3% |
| Future Dividend Yield | 5.8% |
| Dividend Growth | -12.8% |
| Next dividend pay date | 31 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | US$0.960 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Plymouth Industrial: Too Risky To Own
Nov 17Plymouth Industrial: Buy High Quality At A Substantial Discount
Aug 04Plymouth Industrial: An Interesting Industrial REIT
May 24Plymouth Industrial: Good Time To Accumulate This Undervalued REIT
Mar 14Plymouth Industrial: High Growth At A Low Price
Dec 30Plymouth: Industrial Growth Without The Industrial Multiple
Oct 10Plymouth Industrial REIT: The Next Target In M&A?
Aug 08Plymouth Industrial REIT Q4 2022 Earnings Preview
Feb 22Plymouth Industrial: Value O' Plenty In Secondary Markets
Jan 31Plymouth Industrial posts solid rental rate, occupancy growth in 2022
Jan 05Plymouth Industrial REIT declares $0.22 dividend
Dec 15Plymouth Industrial: A Rock Solid REIT With Double-Digit Rent Growth
Nov 09Plymouth Industrial REIT Q3 2022 Earnings Preview
Nov 02Plymouth Industrial REIT reports Q3 leases of 2.6M sq. ft.
Oct 07Plymouth Industrial REIT declares $0.22 dividend
Sep 15Plymouth Industrial REIT: Half The Price Of Its Peers With Similar Growth
Aug 29Plymouth Industrial: A Value REIT In The Industrials Sector
Aug 05As Overhang Is Removed, Plymouth's True Value Is Revealed
May 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PLYM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PLYM has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Plymouth Industrial REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PLYM) | 5.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Industrial REITs) | 3.9% |
| Analyst forecast (PLYM) (up to 3 years) | 5.8% |
Notable Dividend: PLYM's dividend (5.33%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: PLYM's dividend (5.33%) is in the top 25% of dividend payers in the US market (4.5%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.9%), PLYM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.6%), PLYM'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 | 2024/12/23 13:20 |
| 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 |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Plymouth Industrial REIT, Inc. is covered by 20 analysts. 6 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 |
|---|---|
| Nicholas Thillman | Baird |
| David Rodgers | Baird |
| Brendan Lynch | Barclays |