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Jan. 18, 2022, 11:12 a.m. EST

Plymouth Industrial REIT Announces Tax Treatment of 2021 Dividends

BOSTON, (BUSINESS WIRE) -- Plymouth Industrial REIT, Inc. /zigman2/quotes/206716134/composite PLYM +0.33% announced the tax treatment of its 2021 dividends to common stockholders. The following table summarizes Plymouth Industrial REIT’s dividends to stockholders of Common Stock CUSIP #729640102 traded on the NYSE under ticker symbol “PLYM” for the tax year ended December 31, 2021:

Record Date Payment Date 2021 Total
Cash
Distribution
Per Share
Total
Distribution
Allocable to
2021
2021
Ordinary
Dividend
Per Share
2021
Return of
Capital
Per Share
           
December 31, 2020 January 29, 2021 $0.20 $0.20 $0.198241 $0.001759
March 31, 2021 April 30, 2021 $0.20 $0.20 $0.198241 $0.001759
June 30, 2021 July 30, 2021 $0.21 $0.21 $0.208153 $0.001847
September 30, 2021 October 29, 2021 $0.21 $0.21 $0.208153 $0.001847
           
    $0.82 $0.82 $0.812788 $0.007212

The income tax treatment for the 2021 distributions for Plymouth Industrial REIT’s 7.50% Series A Cumulative Redeemable Preferred Stock (PLYM-PrA) CUSIP #729640201 is as follows:

 Record Date  Payment Date  2021 Total
Cash
Distribution
Per Share
 Total
Distribution
Allocable to
2021
 2021
Ordinary
Dividend
Per Share
2021
Return of
Capital
Per Share
           
March 15, 2021 March 31, 2021 $0.46875 $0.46875 $0.46875 $0.00000
June 15, 2021 June 30, 2021 $0.46875 $0.46875 $0.46875 $0.00000
September 15, 2021 September 30, 2021 $0.46875 $0.46875 $0.46875 $0.00000
December 15, 2021 December 31, 2021 $0.46875 $0.46875 $0.46875 $0.00000
           
    $1.8750 $1.8750 $1.8750 $0.00000

In accordance with IRS Code Section 6045B, Plymouth Industrial REIT has posted Form 8937, Report of Organizational Actions Affecting Basis of Securities, which may be found on the Company’s website at www.plymouthreit.com . Plymouth encourages stockholders to consult with their own tax advisors with respect to the federal, state and local, and foreign income tax effects of these dividends.

About Plymouth

Plymouth Industrial REIT, Inc. /zigman2/quotes/206716134/composite PLYM +0.33% is a real estate investment trust focused on the acquisition, ownership and management of single and multi-tenant industrial properties, including distribution centers, warehouses, light industrial and small bay industrial properties, located in primary and secondary markets within the main industrial, distribution and logistics corridors of the United States.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220118005550/en/

SOURCE: Plymouth Industrial REIT, Inc.

Tripp Sullivan
SCR Partners
(615) 942-7077
TSullivan@scr-ir.com

COMTEX_400726727/2456/2022-01-18T11:11:32

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/zigman2/quotes/206716134/composite
US : U.S.: NYSE
$ 18.05
+0.06 +0.33%
Volume: 1.06M
June 24, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
4.88%
Market Cap
$733.00 million
Rev. per Employee
$3.88M
loading...
/zigman2/quotes/206716134/composite
US : U.S.: NYSE
$ 18.05
+0.06 +0.33%
Volume: 1.06M
June 24, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
4.88%
Market Cap
$733.00 million
Rev. per Employee
$3.88M
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