Modiv (MDV) Reports Q2 EPS of $0.14
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Modiv Announces Second Quarter 2022 Results
August 11, 2022 6:25 AM EDTNEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Modiv Inc. (Modiv or the Company) (NYSE: MDV), an internally managed real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced operating results for the second quarter ended June 30, 2022.
Highlights for the quarter and six months ended June 30, 2022 including subsequent events:
Total quarterly revenue increased 14% year-over-year to $10.4 million Quarterly AFFO increased 18% year-over-year to $3.6 million, or $0.48 per basic share and $0.35 per diluted share Acquired approximately $162 million of properties year-to-date, including 15 industrial... More