Plymouth REIT 7.50% Series A Cumulative Redeemable Preferred Stock

By: ,

Date Issued  10/18/2017

Shares Issued  1,800,000   Overallotment Shares   270,000

S&P Rating   NR   Moodys  NR


Security Ticker Symbol   PLYM-A     OTC Temp Ticker PYMHP

Market Traded ON   NYSE

Dividend Payment Paid on the last day of March, June, September and December beginning on 12/31/2017

Quarterly Dividend   .469   Annual Dividend  1.875

Securities may be redeemed, at the issuers option, as early as 12/31/2022 for a redemption price of $25/share plus accrued dividends.

NOTE–this issue has a penalty coupon which becomes effective 12/31/2024 if shares are not redeemed.  After this date coupon moves up 1.5% per year to a maximum of 11.5% until redeemed.

Distribution Payment Will NOT be a Qualified Distributions

Maturity Date   None



Company Investor Relations Page for Plymouth REIT

Click Here to find the offering Prospectus and Final Pricing Document


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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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