LXP Industrial Trust declared a $0.70 dividend for Q1 2026, payable April 15, and $0.8125 for preferred stock, payable May 15.
Quiver AI Summary
LXP Industrial Trust has announced a regular common share dividend of $0.70 per share for the quarter ending March 31, 2026, payable around April 15, 2026, to shareholders of record by the quarter's end. Additionally, a cash dividend of $0.8125 per share of Series C Cumulative Convertible Preferred Stock has been declared for the same quarter, set for payment on or about May 15, 2026, to shareholders on record as of April 30, 2026. LXP focuses on Class A warehouse and distribution investments across 12 markets in the Sunbelt and Midwest, with ambitions for growth through acquisitions and development projects. The press release also includes a caution about forward-looking statements and uncertainties affecting future performance.
Potential Positives
- The declaration of a regular common share dividend of $0.70 per common share indicates financial stability and commitment to returning value to shareholders.
- The additional cash dividend of $0.8125 per share of Series C Cumulative Convertible Preferred Stock further demonstrates the company's financial health and ability to reward multiple classes of shareholders.
- LXP's focus on Class A warehouse and distribution investments positions it well in a growing market, as e-commerce and logistics continue to expand.
Potential Negatives
- The declaration of a regular common share dividend may indicate limited financial flexibility in allocating resources for growth, which could raise concerns among investors.
- Forward-looking statements highlight potential risks and uncertainties, suggesting that the company's future performance may be impacted by factors beyond its control.
- The mention of discretion by LXP’s Board of Trustees regarding future dividend declarations could indicate potential instability in dividend consistency, which may worry investors relying on predictable income.
FAQ
When is the common share dividend payable?
The common share dividend is payable on or about April 15, 2026.
What is the amount of LXP's common share dividend?
LXP has declared a common share dividend of $0.70 per share.
Who are the shareholders eligible for the dividend?
Common shareholders of record as of March 31, 2026, are eligible for the dividend.
What is the Series C preferred stock dividend amount?
The cash dividend for Series C Cumulative Convertible Preferred Stock is $0.8125 per share.
When will the Series C preferred stock dividend be paid?
The dividend for Series C preferred stock is payable on or about May 15, 2026.
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 Revenue
$LXP had revenues of $86.9M in Q3 2025. This is an increase of 1.56% from the same period in the prior year.
You can track LXP financials on Quiver Quantitative's LXP stock page.
$LXP Hedge Fund Activity
We have seen 212 institutional investors add shares of $LXP stock to their portfolio, and 91 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 10,224,481 shares (+inf%) to their portfolio in Q4 2025, for an estimated $506,929,767
- VANGUARD GROUP INC removed 9,139,611 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $453,141,913
- STATE STREET CORP added 3,362,533 shares (+inf%) to their portfolio in Q4 2025, for an estimated $166,714,386
- AEW CAPITAL MANAGEMENT L P removed 1,827,147 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $90,589,948
- LASALLE INVESTMENT MANAGEMENT SECURITIES LLC added 1,710,791 shares (+inf%) to their portfolio in Q4 2025, for an estimated $84,821,017
- PRUDENTIAL FINANCIAL INC added 1,678,785 shares (+inf%) to their portfolio in Q4 2025, for an estimated $83,234,160
- M&T BANK CORP added 1,538,953 shares (+inf%) to their portfolio in Q4 2025, for an estimated $76,301,289
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:
- JMP Securities issued a "Market Outperform" rating on 10/28/2025
To track analyst ratings and price targets for $LXP, check out Quiver Quantitative's $LXP forecast page.
$LXP Price Targets
Multiple analysts have issued price targets for $LXP recently. We have seen 3 analysts offer price targets for $LXP in the last 6 months, with a median target of $49.0.
Here are some recent targets:
- Anthony Paolone from JP Morgan set a target price of $49.0 on 03/05/2026
- Sheila McGrath from Evercore ISI Group set a target price of $51.0 on 02/13/2026
- Mitch Germain from JMP Securities set a target price of $11.5 on 10/28/2025
Full Release
WEST PALM BEACH, Fla., March 16, 2026 (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 March 31, 2026 of $0.70 per common share payable on or about April 15, 2026 to common shareholders of record as of March 31, 2026.
LXP also declared a cash dividend of $0.8125 per share of Series C Cumulative Convertible Preferred Stock for the quarter ending March 31, 2026, which is payable on or about May 15, 2026, to shareholders of record as of April 30, 2026.
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]
