Plymouth Industrial REIT, Inc. (PLYM) Dividend History
Income profile from 2017 to 2025 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
31.3% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 4.8% and trend is falling.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). PLYM's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
Income Growth Story
Dividend per share and yield on cost over time (9 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Plymouth Industrial REIT, Inc. distributes 31.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 46.1%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
PLYM has raised its dividend for 1 consecutive year, with a 3-year CAGR of -6.5% and 5-year CAGR of -5.9%.
Total Shareholder Returns
Beyond cash dividends, PLYM returns capital through share repurchases. The combined picture: 4.4% dividend yield, 0.1% buyback yield, 4.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.8% and is currently falling. The 5-year total return is 70.7%, with dividends contributing 27.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $16,890 today.
Recent Dividend Payments
Last 20 payments · Quarterly
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Sep 30, 2025Latest | $0.2400 | — | 4.30% | Oct 31, 2025 |
| Jun 30, 2025 | $0.2400 | — | 5.98% | Jul 31, 2025 |
| Mar 31, 2025 | $0.2400 | — | 5.89% | Apr 30, 2025 |
| Dec 31, 2024 | $0.2400 | — | 5.39% | Jan 31, 2025 |
| Sep 30, 2024 | $0.2400 | — | 4.18% | Oct 31, 2024 |
| Jun 28, 2024 | $0.2400 | — | 4.35% | Jul 31, 2024 |
| Mar 27, 2024 | $0.2400 | ↑ +6.7% | 4.14% | Apr 30, 2024 |
| Dec 28, 2023 | $0.2250 | — | 3.71% | Jan 31, 2024 |
Dividend Peer Comparison
Peer group: Industrial Logistics Warehouse REITs
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st PLYMPlymouth Industrial … | $979M | 4.4% | 31.3% | 1 | Sustainable |
PLDPrologis, Inc. | $132.4B | 2.6% | 95.7% | 11 | At Risk |
EGPEastGroup Properties… | $10.5B | 2.6% | 1.1% | 6 | Sustainable |
REXRRexford Industrial R… | $8.7B | 0.1% | 3.4% | 0 | Sustainable |
FRFirst Industrial Rea… | $8.4B | 2.3% | 67.3% | 13 | Watch |
2nd STAGSTAG Industrial, Inc… | $7.3B | 3.9% | — | 2 | Unknown |
TRNOTerreno Realty Corpo… | $6.8B | 3.0% | — | 15 | Unknown |
3rd GRP-UNGranite Real Estate … | $3.9B | 3.7% | 57.6% | 4 | Sustainable |
LXPLXP Industrial Trust | $2.9B | 0.6% | — | 0 | Unknown |
Annual Dividend History
14 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $0.72 | -25.0% | 3 | — | — | — | 4.8% |
| 2024 | $0.96 | 6.7% | 4 | $3.09 | 31.1% | 3.22x | 6.4% |
| 2023 | $0.90 | 2.3% | 4 | $0.20 | 450.0% | 0.22x | 6.0% |
| 2022 | $0.88 | 6.0% | 4 | $-0.43 | — | — | 5.9% |
| 2021 | $0.83 | -14.9% | 4 | $-1.10 | — | — | 5.6% |
| 2020 | $0.97 | -35.0% | 4 | $-1.81 | — | — | 6.5% |
| 2019 | $1.50 | 0.0% | 4 | $-2.98 | — | — | 10.1% |
| 2018 | $1.50 | 84.0% | 4 | $-3.88 | — | — | 10.1% |
| 2017 | $0.81 | — | 3 | $-2.39 | — | — | 5.5% |
| 2016 | $0.00 | — | 0 | $-10.20 | — | — | — |
See PLYM's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does PLYM pay per share?
Plymouth Industrial REIT, Inc. (PLYM) pays a trailing 12-month dividend of $0.97 per share, with a current dividend yield of +4.4%. Payments are made Quarterly.
When is PLYM's next ex-dividend date?
PLYM's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. PLYM typically pays dividends Quarterly.
Is PLYM's dividend safe?
PLYM's dividend safety is rated "Sustainable" based on an earnings payout ratio of +31.3% and FCF payout ratio of +46.1%. The 1-year growth streak provides moderate confidence.
How many years has PLYM increased its dividend?
PLYM has 1 consecutive years of dividend growth. The 5-year dividend CAGR is -5.9%.
How often does PLYM pay dividends?
Plymouth Industrial REIT, Inc. pays dividends Quarterly. The trailing 12-month total is $0.97 per share. Dividend data on this page covers 8+ years from 2017 to 2025.
How much would $10,000 invested in PLYM grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in PLYM five years ago would be worth approximately $17,070 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is PLYM's yield on cost for long-term holders?
PLYM's yield on cost — the current dividend divided by the original purchase price — is +4.8% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +4.4% market yield, thanks to the lower original cost basis.