SmarterDividends
MDV

Modiv Industrial (MDV) Dividend

Modiv Industrial Inc · Real Estate · REIT - Industrial · monthly payer

$18.05

Undervalued · +52% Add to Portfolio

As of Nov 5, 2026, Modiv Industrial (MDV) pays a monthly dividend of $0.10 per share, or $1.20 a year, a 6.59% yield at its $18.05 share price. It pays every month. It has raised its dividend 2 years in a row and has a dividend safety grade of C.

Forward Yield

6.59%

Annual Dividend

$1.20

Payout Ratio

460%

5-Yr Growth

—

Ex-Date

Aug 3, 2026

Frequency

Monthly

Key facts about MDV's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Modiv Industrial Inc (MDV) has a forward dividend yield of 6.59%, based on an annual dividend of $1.20 per share and a share price of $18.05.
  • As of Nov 5, 2026, MDV's dividend safety grade from SmarterDividends is C (59 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Modiv Industrial Inc (MDV) has raised its dividend for 2 consecutive years as of Nov 5, 2026.
  • MDV has never cut its regular dividend in the payment history SmarterDividends has on record.
  • MDV's most recent ex-dividend date was Aug 3, 2026, for a dividend of $0.10 per share.
  • As of Nov 5, 2026, MDV pays out 460% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for MDV is $27.49 per share, 52% above the $18.05 share price, so MDV screens as undervalued.
  • Modiv Industrial Inc (MDV) pays its dividend monthly, 12 times a year.
  • Modiv Industrial Inc (MDV) has raised its regular dividend 3 times and cut it 0 times across the 55 payments on record since 2022. Its most recent change was a 2.0% increase to $0.100 per share, going ex-dividend on Jan 30, 2026.
Cite this page

SmarterDividends, "MDV Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/MDV

Is MDV a good dividend stock?

Yes, with caveats

Modiv Industrial Inc (MDV) pays a monthly dividend yielding 6.59% ($1.20/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Elevated payout ratio (460%)

Key Data

Dividend Yield
6.59%
Payout Ratio
460%
Annual Dividend
$1.20
5-Yr Avg Growth
—
Ex-Dividend Date
Aug 3, 2026
Years of Growth
2
Frequency
monthly
Beta
-0.08
Market Cap
$215.1M
P/E Ratio
50.1
5-Yr Total Return
—
52-Week Range
$13.80 – $18.96
Dividend Safety
C · 59/100
Ever Cut?
No

MDV dividend raises and cuts

Modiv Industrial Inc (MDV) has raised its regular dividend 3 times and cut it 0 times across the 55 payments on record since 2022. Its most recent change was a 2.0% increase to $0.100 per share, going ex-dividend on Jan 30, 2026.

Ex-dateChangeOld → newMove
Jan 30, 2026Raise$0.0980 → $0.100+2.0%
Jan 31, 2025Raise$0.0960 → $0.0980+2.1%
Jan 30, 2024Raise$0.0886 → $0.0960+8.3%
Every MDV payment →Download every raise and cut (CSV)
MDV ex-dividend date & scheduleNext ex-date Aug 3, 2026 · full ex-dividend historyView →MDV dividend historyEvery payment, totals by year, raises and cutsView →MDV dividend calculator100 shares pay $120.00 a year, $10.00 each monthCalculate →MDV total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is MDV a good dividend stock?

Yes, with caveats. Modiv Industrial Inc (MDV) pays a monthly dividend yielding 6.59% ($1.20/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is MDV undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MDV's fair value is about $27.49 versus a $18.05 share price — so it looks undervalued (+52% vs. fair value).

Is MDV's dividend safe?

MDV has a dividend-safety grade of C (59/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is MDV's fair value?

Our blended fair-value estimate for MDV is about $27.49 per share, roughly 52% above the current $18.05 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MDV a buy, hold, or sell?

We don't issue formal ratings, but on the data MDV screens as "yes, with caveats" and undervalued. Modiv Industrial Inc (MDV) pays a monthly dividend yielding 6.59% ($1.20/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will MDV cut its dividend?

MDV earns a dividend-safety grade of C (59/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MDV pay a dividend?

Yes. Modiv Industrial Inc pays a monthly dividend of about $1.20 per share annually, a forward yield of roughly 6.59%.

How much dividend does 100 shares of MDV pay?

At $1.20 per share a year, 100 shares of MDV pay $120.00 a year in dividends before tax, about $10.00 each month. Buying them costs about $1,805 at the Nov 5, 2026 price.

What is MDV's dividend yield?

As of Nov 5, 2026, MDV's forward dividend yield is 6.59%, based on a $1.20 annual dividend and a $18.05 share price.

What is MDV's dividend per share?

As of Nov 5, 2026, MDV pays $1.20 per share per year, distributed on a monthly basis.

What is MDV's dividend payout ratio?

As of Nov 5, 2026, MDV's payout ratio is 460% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has MDV grown its dividend?

As of Nov 5, 2026, MDV has increased its dividend for 2 consecutive years.

When is the next MDV ex-dividend date?

As of Nov 5, 2026, MDV's next ex-dividend date hasn't been announced. The most recent was Aug 3, 2026, for $0.10 per share.

Income Calculator

At $1.20 / yr per share

Per payment (monthly)$10.00
Annual$120.00
Monthly avg$10.00
Full MDV dividend calculator →

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