Lexington Realty Trust (LXP) Raises Quarterly Dividend 1.4% to $0.1775; 6.9% Yield

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Go back to Lexington Realty Trust (LXP) Raises Quarterly Dividend 1.4% to $0.1775; 6.9% Yield

Lexington Realty Trust Reports Third Quarter 2017 Results and Announces Dividend Increase

November 7, 2017 6:00 AM EST

NEW YORK, Nov. 07, 2017 (GLOBE NEWSWIRE) -- Lexington Realty Trust (Lexington) (NYSE: LXP), a real estate investment trust focused on single-tenant real estate investments, today announced results for the third quarter ended September 30, 2017.

Third Quarter 2017 Highlights

Generated Net Income attributable to common shareholders of $3.9 million, or $0.02 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (Adjusted Company FFO) of $60.7 million, or $0.25 per diluted common share.Acquired four industrial properties for an aggregated... More