Top 10 Stocks for Dividend Capture Strategy in March 2025

2. Plymouth Industrial REIT, Inc. (NYSE:PLYM)

Dividend Yield: 5.54%

Recovery days: 0.6 Days

No. of Hedge Funds: 13

Headquartered in Boston, Massachusetts, Plymouth Industrial REIT, Inc. (NYSE:PLYM) is a real estate investment trust company. The company’s focus lies in acquiring, owning, and operating industrial properties, including warehouses and distribution centers. Remarkably, the company concentrates on secondary and tertiary U.S. markets and offers cost-effective solutions for tenants in logistics and manufacturing. It operates within the U.S. primarily focusing on Boston, Columbus, Jacksonville, and Memphis.

Plymouth Industrial REIT, Inc. (NYSE:PLYM) offers an attractive dividend yield of 5.54%, making it a viable choice for income-focused investors. In their fourth-quarter earnings call, the company announced the refinancing and upsizing of unsecured credit facilities to $1.5 billion. This enhanced their borrowing capacity, which, along with Sixth Street Investments, ensured the satisfaction of their capital needs. Additionally, the company reported a pipeline exceeding 11 million square feet and $1 billion in potential acquisitions, primarily in existing markets. The company is confident in its dividend payment capabilities since this can induce a positive reaction on the FFO.

Plymouth Industrial REIT, Inc. (NYSE:PLYM)’s recovery period stands at 0.6 days and signals resilience because of high investor confidence. Hedge fund activity remains moderate, with 13 portfolios from the Insider Monkey database holding a stake in the company at the end of Q4 2024. Those seeking dividend income should consider purchasing shares before the ex-dividend date on March 31, 2025.