Articles from Modiv Inc.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that actively acquires, owns and manages a portfolio of single-tenant net-lease industrial manufacturing real estate properties, today announced that it will report second quarter 2023 financial results for the quarter ended June 30, 2023 before the market opens on Monday, August 14, 2023. Management will host a conference call the same day at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a portfolio of single-tenant net-lease real estate properties, today announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company’s 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the “Series A Preferred Stock”) for the second quarter of 2023 and the declaration of a regular monthly cash distribution of $0.09583 per share on the Company’s Class C common stock, $0.001 par value per share (the “Common Stock”) for each of July, August, and September 2023.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that actively acquires, owns, and manages a portfolio of single-tenant net-lease industrial manufacturing real estate properties, today announced operating results for the first quarter ended March 31, 2023.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a portfolio of single-tenant net-lease real estate properties, today announced that it will report first quarter 2023 financial results before the market opens on Monday, May 15, 2023. Management will host a conference call the same day at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to discuss the results.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a portfolio of single-tenant net-lease real estate properties, today announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company’s 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the “Series A Preferred Stock”) for the first quarter of 2023 and the declaration of a regular monthly cash distribution of $0.09583 per share on the Company’s Class C common stock, $0.001 par value per share (the “Common Stock”) for each of April, May, and June 2023.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns, and manages a portfolio of single-tenant net-lease real estate properties, today announced operating results for the fourth quarter and full year ended December 31, 2022.

Modiv Inc. (“Modiv,” “we,” “our,” or the “Company;” NYSE: MDV and MDV.PA), today announced the estimated Federal income tax treatment of the Company’s 2022 dividends on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock (CUSIP # 60784B200) (“Series A Preferred Stock”) and distributions on its Class C Common Stock (CUSIP# 60784B101) (“Common Stock”).

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a portfolio of single-tenant net-lease real estate properties, today announced that it will report fourth quarter and fiscal year 2022 financial results before the market opens on Thursday, February 23, 2023. Management will host a conference call the same day at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to discuss the results.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns, and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced Aaron Halfacre, Chief Executive Officer, and Ray Pacini, Chief Financial Officer, will present and host one-on-one meetings with investors at the Sidoti December Virtual Investor Conference, taking place on December 7-8, 2022.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns, and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced operating results for the third quarter ended September 30, 2022.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced that Ladenburg Thalmann & Co. initiated coverage on the Company with a “Buy” recommendation. Modiv now has five independent equity research analysts covering the company, all five with “Buy” recommendations, and an upside potential from our current share price to the consensus target price of over 90%.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company’s 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the “Series A Preferred Stock”) for the fourth quarter of 2022 and the declaration of a regular monthly cash distribution of $0.09583 per share on the Company’s Class C common stock, $0.001 par value per share (the “Common Stock”) for each of January, February and March 2023.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns, and manages a diversified portfolio of single-tenant net-lease real estate properties, announced that it successfully exercised the accordion feature of its Credit Facility on October 21, 2022. The Credit Facility was increased to $400 million and is now comprised of a $150 million revolving credit facility (the “Revolver”) and a $250 million term loan (the “Term Loan”) (together, the “Credit Facility”). The Credit Facility includes an updated accordion option that allows the Company to request additional Revolver and Term Loan lender commitments up to a total of $750 million. The maturities for the Company’s Revolver and Term Loan remain unchanged with the Revolver’s maturity in January 2026 with options to extend for a total of 12 months, and the Term Loan’s maturity in January 2027.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced that it will report third quarter 2022 financial results before the market opens on Monday, November 14, 2022. Management will host a conference call the same day at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to discuss the results.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced that Janney Montgomery Scott LLC (“Janney”) initiated coverage on the Company with a “Buy” recommendation and a fair value estimate of $20 per share. Copies of the full analyst report can be obtained directly from Janney. Modiv now has four independent equity research analysts covering the company, with an average consensus price target of $20.25.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today provided a business update detailing recent office property dispositions and Egan-Jones’ affirmation of its investment grade rating of Modiv.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company’s 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the “Series A Preferred Stock”) for the third quarter of 2022 and the declaration of a regular monthly cash distribution of $0.09583 per share on the Company’s Class C common stock, $0.001 par value per share (the “Common Stock”) for each of October, November and December 2022.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced operating results for the second quarter ended June 30, 2022.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced that it will report second quarter 2022 financial results before the market opens on Thursday, August 11, 2022. Management will host a conference call the same day at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to discuss the results.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company’s 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the “Series A Preferred Stock”) for the second quarter of 2022 and the declaration of a regular monthly cash distribution of $0.09583 per share on the Company’s Class C common stock, $0.001 par value per share (the “Common Stock”) for each of July, August and September 2022.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced CEO Aaron Halfacre and CFO Ray Pacini will participate in the following conferences:

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced operating results for the first quarter ended March 31, 2022.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced that it will report first quarter 2022 financial results before market on Monday, May 16, 2022. Management will host a conference call on Monday, May 16, at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to discuss the results.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced it has completed the previously announced acquisition of the Lindsay Precast, LLC (“Lindsay”) portfolio of properties in a sale leaseback transaction for a total purchase price of $56.1 million.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced that two separate and independent equity research analysts have initiated coverage on the Company with initial “Buy” recommendations and price targets substantially higher than Modiv’s recent trading price.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced operating results for its fourth quarter and full year ended December 31, 2021. In addition, the Company provided a business update for the first quarter ending March 31, 2022.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company’s 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the “Series A Preferred Stock”) for the first quarter of 2022 and the declaration of a regular monthly cash dividend of $0.09583 per share on the Company’s Class C common stock, $0.001 par value per share (the “Common Stock”) for each of April, May and June 2022.

Modiv Inc. (“Modiv” or the “Company”) (NYSEMDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced the authorization of a share repurchase program and also declared a regular monthly cash dividend of $0.095833 per share for each of February and March 2022.

Modiv Inc. (“Modiv”), an internally managed real estate investment trust that acquires, owns and manages single-tenant net-lease industrial, retail and office real estate with a focus on strategically important and mission critical properties, today announced the pricing of an underwritten public offering of 40,000 shares of its Class C Common Stock at a price to the public of $25.00 per share. The shares of Class C Common Stock are expected to begin trading on February 11, 2022, on the New York Stock Exchange (“NYSE”) under the ticker symbol “MDV,” and the closing of the offering is expected to occur on February 15, 2022, subject to customary closing conditions. The purpose of this offering is to facilitate the listing of Modiv’s Class C Common Stock previously raised via crowdfunding technology.