LXP Industrial Trust Announces Quarterly Common Share Dividend
September 13 2023 - 4:15PM
LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment
trust (REIT) focused on single-tenant industrial real estate
investments, today announced that it declared a regular common
share/unit dividend/distribution for the quarter ending September
30, 2023 of $0.125 per common share/unit payable on or about
October 16, 2023 to common shareholders/unitholders of record as of
September 29, 2023.
LXP also declared a cash dividend of $0.8125 per
share of Series C Cumulative Convertible Preferred Stock for the
quarter ending September 30, 2023, which is payable on or about
November 15, 2023, to shareholders of record as of October 31,
2023.
ABOUT LXP INDUSTRIAL TRUST
LXP Industrial Trust (NYSE: LXP) is a publicly
traded real estate investment trust (REIT) focused on single-tenant
warehouse and distribution investments across the United States.
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, Senior Vice President of Investor
RelationsLXP Industrial Trust Phone: (212) 692-7200 E-mail:
hgentry@lxp.com
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