3 Rotten REITs seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Industrial Logistics Properties Trust (NASDAQ:ILPT) recently announced a dividend of $0.01 per share, payable on 2024-02-15, with the ex-dividend date set for 2024-01-19. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Industrial Logistics Properties Trust's dividend performance and assess its sustainability.
Industrial Logistics Properties Trust today announced that the characterization of dividends for 2023 income tax reporting purposes is as follows:
ILPT Common Shares
.
For an income investor, experiencing the overnight announcement of a severe dividend cut on one of your stocks can be particularly distressing. Not only does it result in the loss of expected income, but the stock may be trounced as investors quickly head for the exits at the opening bell. This week, an office real estate investment trust (REIT) with a checkered dividend history served as a harsh reminder of the risks associated with yield traps, as a 16% yield evaporated overnight following a b
Industrial Logistics Properties Trust today announced a regular quarterly cash distribution on its common shares of $0.01 per common share . This distribution will be paid to ILPT’s common.