PLYMOUTH INDUSTRIAL REIT, INC. (NYSEMKT:PLYM) Files An 8-K Regulation FD Disclosure
Item 7.01
| regulation FD Disclosure. |
On June 26, 2017, Plymouth Industrial REIT, Inc. (the Company),
issued a press release announcing that its Board of Directors has
declared a quarterly cash dividend of $0.375 per share of common
stock, which dividend has been pro-rated to $0.0650 per share to
reflect the period commencing on June 14, 2017, the public
offering closing date, and ending on June 30, 2017. The dividend
is payable to the Company’s stockholders of record as of July 7,
2017, and is expected to be paid on July 31, 2017. A copy of the
press release is attached to this report as Exhibit 99.1.
The information contained in this Item 7.01 and the exhibit
hereto shall not be deemed filed for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended (the Exchange
Act), or incorporated by reference in any filing under the
Securities Act of 1933, as amended (the Securities Act), or the
Exchange Act, except as shall be expressly set forth by specific
reference in such a filing.
The information in this report and the exhibit hereto may contain
forward-looking statements within the meaning of Section 27A of
the Securities Act and Section 21E of the Exchange Act. There can
be no assurance that future dividends will be declared. The
declaration of future dividends is subject to approval of the
Board of Directors each quarter after its review of the
Company’s financial performance and cash needs. Declaration of
future dividends is also subject to various risks and
uncertainties, including: the Company’s cash flow and cash
needs; compliance with applicable law; restrictions on the
payment of dividends under existing or future financing
arrangements; changes in tax laws relating to corporate
dividends; the deterioration in the Company’s financial
condition or results; and those risks, uncertainties, and other
factors identified from time to time in the Company’s filings
with the Securities and Exchange Commission.
| Item 9.01 | Financial Statements and Exhibits. |
(d) |
Exhibits: |
ExhibitNo. |
Description |
||
99.1 |
Plymouth Industrial REIT, Inc. press release dated June 26, 2017 announcing quarterly cash dividend |
Plymouth Industrial REIT Inc. ExhibitEX-99.1 2 ex99-1.htm Exhibit 99.1 Contacts: Tripp Sullivan SCR Partners (615) 760-1104 TSullivan@scr-ir.com Plymouth Industrial REIT Declares Second Quarter 2017 Dividend BOSTON—(June 26,…To view the full exhibit click here About PLYMOUTH INDUSTRIAL REIT, INC. (NYSEMKT:PLYM)
Plymouth Industrial REIT, Inc., formerly Plymouth Opportunity REIT, Inc., is a self-administered and self-managed real estate investment trust. The Company is focused on the acquisition, ownership and management of single-and multi-tenant class B industrial properties, including distribution centers, warehouses and light industrial properties, primarily located in secondary and select primary markets across the Eastern half of the United States and Texas. The Company operates in industrial properties. The Company owns and operates in approximately 21 industrial properties located in over seven states, with an aggregate of approximately 4,350,000 rentable square feet plus a 270 unit multifamily complex. The Company’s portfolio of owned and operated properties was approximately 99% leased to 50 separate tenants across 17 industry types. The Company conducts its business through Plymouth Industrial OP, LP. PLYMOUTH INDUSTRIAL REIT, INC. (NYSEMKT:PLYM) Recent Trading Information
PLYMOUTH INDUSTRIAL REIT, INC. (NYSEMKT:PLYM) closed its last trading session up +0.04 at 18.07 with 36,596 shares trading hands.