Plymouth Industrial REIT Announces Tax Treatment of 2022 Dividends

BOSTON--(BUSINESS WIRE)-- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced the tax treatment of its 2022 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, 2022:

 

 

 

 

Record Date

 

 

 

 

Payment Date

 

2022 Total
Cash
Distribution
Per Share

 

Total
Distribution
Allocable to
2022

 

2022
Ordinary

Dividend
Per Share

 

2022
Return of

Capital

Per Share

 

 

 

 

 

 

December 31, 2021

January 31, 2022

$0.21

$0.21

$0.141145

$0.068855

March 31, 2022

April 29, 2022

$0.22

$0.22

$0.147866

$0.072134

June 30, 2022

July 29, 2022

$0.22

$0.22

$0.147866

$0.072134

September 30, 2022

October 31, 2022

$0.22

$0.22

$0.147866

$0.072134

 

 

 

 

 

 

 

 

$0.87

$0.87

$0.584743

$0.285257

The income tax treatment for the 2022 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

 

2022 Total
Cash
Distribution
Per Share

 

 

Total
Distribution
Allocable to
2022

 

 

2022
Ordinary

Dividend
Per Share

 

 

2022
Return of

Capital

Per Share

 

 

 

 

 

 

 

 

 

 

March 15, 2022

 

March 31, 2022

$0.46875

 

$0.46875

 

$0.46875

 

$0.00000

June 15, 2022

 

June 30, 2022

$0.46875

 

$0.46875

 

$0.46875

 

$0.00000

September 15, 2022

 

September 30, 2022

$0.46875

 

$0.46875

 

$0.46875

 

$0.00000

December 15, 2022

 

January 3, 2023

$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. (NYSE: PLYM) is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties. Our mission is to provide tenants with cost effective space that is functional, flexible and safe.

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

Source: Plymouth Industrial REIT, Inc.