LXP Industrial Trust declared a $0.135 common share dividend and a $0.8125 preferred share dividend for Q2 2025.
Quiver AI Summary
LXP Industrial Trust, a real estate investment trust specializing in Class A warehouse and distribution properties, announced a regular common share dividend of $0.135 per share for the quarter ending June 30, 2025, payable on or about July 15, 2025, to shareholders of record as of June 30, 2025. Additionally, a cash dividend of $0.8125 per share for Series C Cumulative Convertible Preferred Stock was declared for the same quarter, payable on or about August 15, 2025, to shareholders of record as of July 31, 2025. LXP aims to grow its portfolio through various strategies including acquisitions and development projects and operates in 12 markets across the Sunbelt and Midwest.
Potential Positives
- LXP Industrial Trust declared a regular common share dividend of $0.135, indicating profitability and a commitment to return value to its shareholders.
- The declaration of a cash dividend of $0.8125 per share of Series C Cumulative Convertible Preferred Stock reinforces the company’s financial strength and supports investor confidence.
- The company's focus on expanding its portfolio through acquisitions and development projects highlights growth potential and strategic planning in the increasingly important warehouse and distribution sector.
Potential Negatives
- Despite declaring dividends, the press release hints at uncertainty regarding future dividends, suggesting that there may be financial instability or discretion involved that could affect shareholder returns.
- The emphasis on forward-looking statements and the mention of various risks could raise concerns among investors about the company's future performance and ability to deliver on its promises.
- The lack of detailed financial performance metrics in the announcement may leave investors questioning the company's current financial health and future profitability.
FAQ
What is the latest dividend declared by LXP Industrial Trust?
LXP Industrial Trust declared a regular common share dividend of $0.135 per share for the quarter ending June 30, 2025.
When will the LXP dividends be paid?
The common share dividend is payable on or about July 15, 2025, and the preferred stock dividend on or about August 15, 2025.
Who is eligible for the LXP common share dividend?
Common shareholders of record as of June 30, 2025, will be eligible for the common share dividend.
What types of investments does LXP Industrial Trust focus on?
LXP focuses on Class A warehouse and distribution investments in 12 target markets across the Sunbelt and Midwest.
How can I find more information about LXP Industrial Trust?
For more information, visit LXP's website at www.lxp.com or follow them on social media.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LXP Hedge Fund Activity
We have seen 164 institutional investors add shares of $LXP stock to their portfolio, and 157 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CENTERSQUARE INVESTMENT MANAGEMENT LLC added 3,916,670 shares (+1103.9%) to their portfolio in Q1 2025, for an estimated $33,879,195
- LASALLE INVESTMENT MANAGEMENT SECURITIES LLC added 3,450,090 shares (+118.8%) to their portfolio in Q1 2025, for an estimated $29,843,278
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 3,091,215 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $26,739,009
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 1,814,531 shares (-82.9%) from their portfolio in Q1 2025, for an estimated $15,695,693
- SUMITOMO MITSUI TRUST GROUP, INC. added 1,733,329 shares (+55.9%) to their portfolio in Q1 2025, for an estimated $14,993,295
- HAZELVIEW SECURITIES INC. removed 1,344,876 shares (-98.6%) from their portfolio in Q1 2025, for an estimated $11,633,177
- CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM removed 1,260,190 shares (-87.9%) from their portfolio in Q1 2025, for an estimated $10,900,643
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$LXP Analyst Ratings
Wall Street analysts have issued reports on $LXP in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Jefferies issued a "Buy" rating on 01/01/2025
To track analyst ratings and price targets for $LXP, check out Quiver Quantitative's $LXP forecast page.
Full Release
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: [email protected]
