PLYM News and Press, Plymouth Industrial REIT Inc. From 09/09/22

Summary INDT is an East Coast industrial REIT with an in-house development arm. The portfolio is growing rapidly this year, and both internal and external growth are surging. Management might be overpaid. The stock is very richly valued even after a 25% drop year-to-date. ...

Plymouth Industrial REIT, Inc. (NYSE: PLYM) today announced that the Company’s board of directors has declared a regular quarterly cash dividend of $0.46875 per share, or an annualized dividend of $1.875 per share, for the Company’s 7.50% Series A Cumulative Redeemable Pre...

Summary Plymouth is highly discounted to the value of its underlying assets. Class B assets are not necessarily worse than class A and may perform better as class A supply comes in. I see PLYM as a growth engine at a value price tag. Plymouth Industrial ( PLYM ) ...

Summary U.S. equity markets were slammed after Fed Chair Powell made clear the Fed's intentions to raise interest rates and accept "some pain" for U.S. households in its battle against inflation. Declining for the second-straight week and posting its worst weekly losses since June...

Plymouth Industrial REIT ( NYSE: PLYM ) strengthened its balance sheet earlier than planned by converting remaining series B preferred stock held by Madison International Realty into ~1.9B shares of common stock on a leverage-neutral basis. With the early conversion and ...

Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced the Company has improved its balance sheet earlier than anticipated with the conversion of the remaining Series B Preferred Stock held by Madison International Realty (“Madison”) into approximately 1.9 million share...

Plymouth Industrial REIT (NYSE: PLYM) is down roughly 34% off recent highs. Broader market volatility and a growing concern over recessionary impacts on industrial operators have turned a lot of investors off of this once top-performing industrial real estate investment trust (R...

Plymouth Industrial is a smaller REIT in the Industrials sector that has a strong presence in "The Golden Triangle" region of the U.S, an area with critical strategic value. The company's portfolio is 97.3% occupied with a nearly 100% collection rate from a diverse group of reliable t...

Image source: The Motley Fool. Plymouth Industrial REIT, Inc. (NYSE: PLYM) Q2 2022 Earnings Call Aug 03, 2022 , 9:00 a.m. ET Operator Continue reading For further details see: Plymouth Industrial REIT, Inc. (PLYM) Q2 2022 Earnings Call Tr...

Plymouth Industrial REIT, Inc. (PLYM) Q2 2022 Earnings Conference Call August 3, 2022 9:00 AM ET Company Participants Tripp Sullivan - Investor Relations Jeff Witherell - Chairman & Chief Executive Officer Pen White - President & Chief Investment Officer ...