Current Analysis: Modiv Industrial
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TM Editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.
Modiv Industrial Inc (MDV) is a pioneer in the direct-to-consumer commercial real estate industry.
It provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth. The Company has invested in single-tenant income-producing properties.
Its current business consists of owning, managing, operating, leasing, acquiring, investing in, and disposing of commercial real estate assets utilized for industrial manufacturing, as well as a few non-core assets.
All of the company's revenues are derived from the company's consolidated real estate properties.
Modiv Industrial Inc. was founded in 2015 and is headquartered in Reno, NV.
Three key data points gauge Modiv or any dividend-paying firm.
The key three are:
(1) Price
(2) Dividends
(3) Returns
Those three keys also best tell whether any company has made, is making, and will make money.
MDV Price
Over the past year, Modiv's share price rose just about 25% from $11.98 to $14.93 as of Tuesday’s market close.
If Modiv shares trade in the range of $10.00 to $20.00 this next year, its recent $14.93 share price might rise to $17.75 by next year. Of course, Modiv’s price could also drop about the same $2.82 estimated amount or more.
My $2.82 upside is based on the median of one-year target estimates from four analysts tracking MDV for brokers.
MDV Dividend
Modiv Industrial Inc has paid $0.0958 monthly variable dividends since March 2022. The most recent $0.0958 Monthly dividend was declared May 1st for shareholders of record September 30th and the dividend is payable October 25th. The forward-looking $1.15 annual dividend yields 7.70% at Tuesday’s closing price.
MDV Returns
To put it all together, a $3.97 estimated one-year gross gain per share shows up by adding MDV’s $1.15 annual dividend to the estimated price upside of $2.82.
A little over $1000 buys 67 shares at $14.93 per share.
A $10 broker fee (if charged), paid half at purchase and half at sale, might take about $0.15 per share out of the $3.97 annual, gross-gain to reveal a net gain of $3.82 X 67 shares = $255.94 for about a 25.5% estimated net gain on the year.
Furthermore, the $77.00 annual dividend income from $1K invested is about 5.15 times greater than MDV’s $14.93 single share price. By these numbers, MDV may be an ideal dividend dog.
You might choose to pounce on Modiv Industrial Inc. It is a 9-year-old monthly dividend-paying Nevada-based REIT with a 2-year track record paying monthly dividends.
The exact track of Modiv Industtrial Inc's future price and dividend will entirely be determined by market action.
Remember the true value of any stock is best realized through personal ownership of shares.
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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
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