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MDV - Modiv Industrial: Unclear Growth But No Red Flags
May, 30 2024 12:12 PM
Modiv Inc. Class C
2024-05-30 12:12:30 ET
Summary Modiv Industrial is a REIT that has recently shifted its focus to industrial properties. The company has a limited history but has shown improvements in cash flow and a relatively healthy balance sheet. Modiv's future outlook depends on its ability to convert non-core assets into industrial properties and navigate potential risks to its major tenants. The pipeline of new deals is also slow for the time being, so only rent increases in the current leases will be the main source of dividend growth. ...
For further details see:
Modiv Industrial: Unclear Growth But No Red Flags
Stock Information
Company Name:
Modiv Inc. Class C
Stock Symbol:
MDV
Market:
NYSE
Website:
modiv.com
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