Plymouth Industrial REIT Maintains Dividend Amid Acquisition Review

Plymouth Industrial REIT finds itself at a critical juncture as the board maintains its quarterly dividend distribution while simultaneously evaluating an unsolicited acquisition proposal. The industrial real estate company continues its shareholder payments unchanged as investors await developments regarding Sixth Street Partners’ takeover bid.

The company’s board declared a cash dividend of $0.24 per share for the third quarter of 2025, maintaining its annualized distribution rate of $0.96 per share. Shareholders of record as of September 30 will receive payment on October 31.

This dividend announcement comes during a period of significant corporate uncertainty. Sixth Street Partners submitted an unsolicited acquisition proposal on August 19, offering $24.10 per share in cash. The investment firm already maintains a 9.99% stake in the company. Plymouth’s board is... Read more...