INDUS Announces Quarterly Cash Dividend
June 13 2022 - 5:30PM
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 second quarter of 2022. The
dividend will be payable on July 15, 2022, to stockholders of
record on June 30, 2022.
About INDUS
INDUS is a real estate business principally engaged in
developing, acquiring, managing, and leasing industrial/logistics
properties. INDUS owns 38 industrial/logistics buildings
aggregating approximately 5.6 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 (“SEC”)
filings, including the “Business,” “Risk Factors” and
“Forward-Looking Statements” sections in INDUS’ Annual Report on
Form 10-K for the year ended December 31, 2021, filed with the SEC
on March 11, 2022, as updated by other filings with the SEC. 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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Jon Clark Executive Vice President, Chief Financial
Officer (860) 286-2419 jclark@indusrt.com
Investor Relations investor@indusrt.com
INDUS Realty (NASDAQ:INDT)
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