Plymouth Industrial REIT (Plymouth Industrial REIT) Dividend Payout Ratio : 7.27 (As of Mar. 2024)

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What is Plymouth Industrial REIT Dividend Payout Ratio?

Plymouth Industrial REIT's dividend payout ratio for the months ended in Mar. 2024 was 7.27.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Plymouth Industrial REIT Inc is 2.13, which seems too high.

The historical rank and industry rank for Plymouth Industrial REIT's Dividend Payout Ratio or its related term are showing as below:

PLYM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 2.13 Med: 4.5 Max: 4.5
Current: 2.13

During the past 13 years, the highest Dividend Payout Ratio of Plymouth Industrial REIT was 4.50. The lowest was 2.13. And the median was 4.50.

PLYM's Dividend Payout Ratio is ranked worse than
82% of 561 companies
in the REITs industry
Industry Median: 1.01 vs PLYM: 2.13

As of today (2024-05-13), the Dividend Yield % of Plymouth Industrial REIT is 4.40%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Plymouth Industrial REIT was 14.63%. The lowest was 1.99%. And the median was 4.67%.

Plymouth Industrial REIT's Dividends per Share for the months ended in Mar. 2024 was $0.24.

During the past 12 months, Plymouth Industrial REIT's average Dividends Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -11.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Plymouth Industrial REIT was -2.60% per year. The lowest was -17.90% per year. And the median was -10.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Plymouth Industrial REIT Dividend Payout Ratio Historical Data

The historical data trend for Plymouth Industrial REIT's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Plymouth Industrial REIT Dividend Payout Ratio Chart

Plymouth Industrial REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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4.50

Plymouth Industrial REIT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	1.32	14.06	7.27

Competitive Comparison of Plymouth Industrial REIT's Dividend Payout Ratio

For the REIT - Industrial subindustry, Plymouth Industrial REIT's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Plymouth Industrial REIT's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Plymouth Industrial REIT's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Plymouth Industrial REIT's Dividend Payout Ratio falls into.

Plymouth Industrial REIT Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Plymouth Industrial REIT's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	Earnings per Share (Diluted) (A: Dec. 2023 )
	=	0.9	/	0.2
	=	4.50

Plymouth Industrial REIT's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.24	/	0.033
	=	7.27

Plymouth Industrial REIT (NYSE:PLYM) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Plymouth Industrial REIT Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Plymouth Industrial REIT's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Plymouth Industrial REIT (Plymouth Industrial REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Plymouth Industrial REIT Inc (NYSE:PLYM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Custom House Street, 11th Floor, Boston, MA, USA, 02110

Website

https://www.plymouthreit.com

Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It 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, located in secondary and primary markets across the United States. The company has one reportable segment, which is Industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois and Georgia, among others. It receives income primarily from the rental revenue through its properties.

Executives

Madison International Realty Vi, Llc	10 percent owner	300 PARK AVENUE, 3RD FLOOR, 3RD FLOOR NY 10022
Vi Reit Mirelf	10 percent owner	C/O MADISON INTERNATIONAL REALTY, LLC, 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Mirelf Vi (u.s.), Lp	10 percent owner	300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Mirelf Vi Reit Investments Iv, Llc	10 percent owner	300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Holdings Vi, Llc	10 percent owner	300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Partners Gp, Llc	10 percent owner	300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Partners, Lp	10 percent owner	300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Ronald Dickerman	10 percent owner	410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Madison International Realty Holdings, Llc	10 percent owner	300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Anthony Saladino	officer: EVP/CFO	20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Guinee John W Iii	director	600 EAST 96TH ST STE 100, INDIANAPOLIS IN 46240
Jeffrey E Witherell	director, officer: CEO	C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Pendleton P White	director, officer: President and CIO	C/O CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Caitlin Murphy	director	20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Philip S Cottone	director	C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110