Modiv (MDV)

Net Lease | Industrial & Retail

Modiv (MDV) is tracked in the Hoya Capital REIT and real estate database, classified under Net Lease with a Industrial & Retail focus. The company came public in 2022. It is categorized as a Micro-Cap name in the database. The company has an equity market capitalization of approximately $0.2 billion. Shares recently traded near $18.05 with a dividend yield of about 6.65 percent. The company pays dividends on a monthly schedule with a forward annual dividend rate of $1.20 per share. The dividend was raised by about 2.4 percent over the past year. Balance sheet leverage stands near 7.1 times debt to EBITDA. Within Hoya Capital's index sector framework the company is grouped under Office. It operates with an internal management structure. This profile includes fundamentals, dividend history, valuation metrics, and sector rankings from Hoya Capital's research database, refreshed on a regular schedule.

Modiv Inc (MDV) is a prominent real estate investment trust (REIT) specializing in the acquisition and management of single-tenant net lease properties across the United States. By focusing on essential businesses with robust financial fundamentals, Modiv adopts a disciplined investment strategy that emphasizes long-term lease agreements, ensuring reliable income streams and opportunities for capital growth. The company is committed to sustainability and innovation, positioning itself as a leader in the competitive real estate sector while aiming to provide attractive risk-adjusted returns for its investors.

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Company website: www.modiv.com