INDUS Announces Quarterly Cash Dividend
March 14 2022 - 4:30PM
Business Wire
INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the
“Company”) a U.S.-based industrial/logistics REIT, announced
today that its Board of Directors has declared a cash dividend of
$0.16 per share of common stock for the first quarter of 2022. The
dividend will be payable on April 15, 2022, to stockholders of
record on March 31, 2022.
About INDUS INDUS is a real
estate business principally engaged in developing, acquiring,
managing, and leasing industrial/logistics properties. INDUS owns
36 industrial/logistics buildings aggregating approximately 5.4
million square feet in Connecticut, Pennsylvania, North Carolina,
South Carolina, and Florida.
Forward-Looking Statements: This Press Release includes
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements include INDUS’ beliefs and expectations regarding future
events or conditions including, without limitation, statements
regarding expected dividend payments. Although INDUS believes that
its plans, intentions and expectations reflected in such
forward-looking statements are reasonable, it can give no assurance
that such plans, intentions or expectations will be achieved. The
projected information disclosed herein is based on assumptions and
estimates that, while considered reasonable by INDUS as of the date
hereof, are inherently subject to significant business, economic,
competitive and regulatory uncertainties and contingencies, many of
which are beyond the control of INDUS, and which could cause actual
results and events to differ materially from those expressed or
implied in the forward-looking statements. Other important factors
that could affect the outcome of the events set forth in these
statements are described in INDUS’ Securities and Exchange
Commission filings, including the “Business,” “Risk Factors” and
“Forward-Looking Statements” sections in INDUS’ Annual Report on
Form 10-K for the fiscal year ended December 31, 2021, filed with
the SEC on March 11, 2022, as updated by other filings with the
Securities and Exchange Commission. INDUS disclaims any obligation
to update any forward-looking statements as a result of
developments occurring after the date of this press release except
as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20220314005620/en/
Ashley Pizzo Vice President, Capital Markets &
Investor Relations investor@indusrt.com
Jon Clark Executive Vice President, Chief Financial
Officer (860) 286-2419 jclark@indusrt.com
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