Lexington Realty Trust (LXP) Raises Quarterly Dividend 2.4% to $0.105; 4% Yield

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Go back to Lexington Realty Trust (LXP) Raises Quarterly Dividend 2.4% to $0.105; 4% Yield

Lexington Realty Trust Reports Third Quarter 2019 Results and Announces Dividend Increase

November 6, 2019 6:00 AM EST

NEW YORK, Nov. 06, 2019 (GLOBE NEWSWIRE) -- Lexington Realty Trust (Lexington) (NYSE: LXP), a real estate investment trust focused on single-tenant industrial real estate investments, today announced results for the third quarter ended September 30, 2019.

Third Quarter 2019 Highlights

Recorded Net Income attributable to common shareholders of $141.6 million, or $0.59 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (Adjusted Company FFO) of $48.7 million, or $0.20... More