Modiv Declares Quarterly Dividends for Preferred Shareholders, Monthly Distributions for Common Shareholders

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Nov 09, 2022

Modiv Inc. (“Modiv” or the “Company”) (NYSE:MDV, Financial), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company’s 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the “Series A Preferred Stock”) for the fourth quarter of 2022 and the declaration of a regular monthly cash distribution of $0.09583 per share on the Company’s Class C common stock, $0.001 par value per share (the “Common Stock”) for each of January, February and March 2023.