LXP Industrial Trust Announces Quarterly Common Share Dividend

Rhea-AI Summary

LXP Industrial Trust, a REIT specializing in Class A warehouse and distribution investments, has declared its quarterly dividend payments. The company announced a regular common share dividend of $0.135 per share for Q2 2025, payable on July 15, 2025, to shareholders of record as of June 30, 2025. Additionally, LXP declared a Series C Cumulative Convertible Preferred Stock dividend of $0.8125 per share, which will be paid around August 15, 2025, to shareholders of record as of July 31, 2025.

Positive

• Regular quarterly dividend maintained at $0.135 per common share, demonstrating stable shareholder returns
• Additional preferred stock dividend of $0.8125 per share indicates strong commitment to preferred shareholders

Negative

• None.

WEST PALM BEACH, Fla., June 16, 2025 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on Class A warehouse and distribution investments, today announced that it declared a regular common share dividend for the quarter ending June 30, 2025 of $0.135 per common share payable on or about July 15, 2025 to common shareholders of record as of June 30, 2025.

LXP also declared a cash dividend of $0.8125 per share of Series C Cumulative Convertible Preferred Stock for the quarter ending June 30, 2025, which is payable on or about August 15, 2025, to shareholders of record as of July 31, 2025.

ABOUT LXP INDUSTRIAL TRUST

LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution investments in 12 target markets across the Sunbelt and Midwest. LXP seeks to expand its portfolio through acquisitions, development projects, and build-to-suit and sale/leaseback transactions. For more information or to follow LXP on social media, visit www.lxp.com.

This release contains certain forward-looking statements which involve known and unknown risks, uncertainties and other factors not under LXP’s control which may cause actual results, performance or achievements of LXP to be materially different from the results, performance, or other expectations implied by these forward-looking statements. These factors include, but are not limited to, (1) the discretion of LXP’s Board of Trustees with respect to the authorization of future dividend declarations and (2) those factors and risks detailed in LXP's periodic filings with the Securities and Exchange Commission. Except as required by law, LXP undertakes no obligation to publicly release the results of any revisions to those forward-looking statements which may be made to reflect events or circumstances after the occurrence of unanticipated events.

Contact:
Investor or Media Inquiries for LXP Industrial Trust:
Heather Gentry, Executive Vice President of Investor Relations
LXP Industrial Trust
Phone: (212) 692-7200 E-mail: hgentry@lxp.com

FAQ

What is LXP Industrial Trust's Q2 2025 dividend amount?

LXP Industrial Trust declared a regular common share dividend of $0.135 per share for Q2 2025.

When is the ex-dividend date for LXP's Q2 2025 dividend?

Shareholders must be on record by June 30, 2025 to receive the Q2 2025 dividend.

What is the payment date for LXP's common share dividend?

The common share dividend is payable on or about July 15, 2025.

What is LXP's preferred stock dividend for Q2 2025?

LXP declared a Series C Cumulative Convertible Preferred Stock dividend of $0.8125 per share.

What type of properties does LXP Industrial Trust focus on?

LXP Industrial Trust focuses on Class A warehouse and distribution investments.