LXP Industrial Trust Announces Final 2024 Dividend Allocation
LXP Industrial Trust (NYSE: LXP) has released its final dividend allocation details for 2024 for both common and preferred shares. For common shares, the company distributed $0.13 per share quarterly, with each payment consisting of $0.07234 in ordinary dividends, $0.05405 in capital gain distribution, and $0.00361 in nondividend distributions.
For the Series C Cumulative Convertible Preferred Stock, quarterly payments were $0.8125 per share, comprising $0.46503 in ordinary dividends and $0.34747 in capital gain distributions. The company noted that 9.41% of ordinary dividends are reported as Section 897 ordinary dividends related to U.S. Real Property Interests.
LXP Industrial Trust (NYSE: LXP) ha rilasciato i dettagli finali sulla distribuzione dei dividendi per il 2024 sia per le azioni ordinarie che per quelle privilegiate. Per le azioni ordinarie, l'azienda ha distribuito $0.13 per azione trimestrale, con ogni pagamento che comprende $0.07234 in dividendi ordinari, $0.05405 in distribuzione di guadagni di capitale e $0.00361 in distribuzioni non di dividendi.
Per le Azioni Privilegiate Convertibili Cumulate di Serie C, i pagamenti trimestrali erano di $0.8125 per azione, di cui $0.46503 in dividendi ordinari e $0.34747 in distribuzioni di guadagni di capitale. L'azienda ha fatto notare che il 9.41% dei dividendi ordinari sono riportati come dividendi ordinari ai sensi della Sezione 897, relativi a interessi immobiliari statunitensi.
LXP Industrial Trust (NYSE: LXP) ha publicado los detalles finales sobre la asignación de dividendos para 2024 tanto para acciones ordinarias como preferidas. Para las acciones ordinarias, la compañía distribuyó $0.13 por acción trimestral, con cada pago compuesto por $0.07234 en dividendos ordinarios, $0.05405 en distribución de ganancias de capital y $0.00361 en distribuciones no de dividendos.
Para las Acciones Preferidas Convertibles Cumulativas de Serie C, los pagos trimestrales fueron de $0.8125 por acción, que comprenden $0.46503 en dividendos ordinarios y $0.34747 en distribuciones de ganancias de capital. La compañía señaló que el 9.41% de los dividendos ordinarios se informan como dividendos ordinarios según la Sección 897, relacionados con intereses inmobiliarios en EE. UU.
LXP 산업 신탁 (NYSE: LXP)는 2024년 보통주와 우선주에 대한 최종 배당금 분배 세부정보를 발표했습니다. 보통주에 대해 회사는 분기별로 $0.13 per share를 분배했으며, 각 지급액은 $0.07234의 일반 배당금, $0.05405의 자본 이득 분배금 및 $0.00361의 비배당금 분배로 구성되었습니다.
시리즈 C 누적 전환우선주에 대한 분기 지급액은 $0.8125 per share로, 일반 배당금 $0.46503과 자본 이득 분배금 $0.34747로 구성되었습니다. 회사는 일반 배당금의 9.41%가 미 부동산 이익과 관련된 897조 일반 배당금으로 보고된다고 언급했습니다.
LXP Industrial Trust (NYSE: LXP) a publié les détails finaux concernant l'allocation des dividendes pour 2024, tant pour les actions ordinaires que pour les actions privilégiées. Pour les actions ordinaires, la société a distribué $0.13 par action trimestrielle, chaque paiement étant composé de $0.07234 en dividendes ordinaires, $0.05405 en distributions de gains en capital et $0.00361 en distributions non-dividendes.
Pour les Actions Préférées Convertibles Cumulatives Série C, les paiements trimestriels étaient de $0.8125 par action, comprenant $0.46503 en dividendes ordinaires et $0.34747 en distributions de gains en capital. La société a noté que 9,41 % des dividendes ordinaires sont déclarés comme dividendes ordinaires en vertu de la section 897, liés aux intérêts dans des biens immobiliers américains.
LXP Industrial Trust (NYSE: LXP) hat die endgültigen Ausschüttungsdetails für 2024 sowohl für Stamm- als auch für Vorzugsaktien veröffentlicht. Für die Stammaktien hat das Unternehmen $0.13 pro Aktie vierteljährlich ausgeschüttet, wobei jede Zahlung $0.07234 in ordentlichen Dividenden, $0.05405 in Kapitalgewinnausschüttungen und $0.00361 in Nichtdividendenzahlungen umfasst.
Für die Serie C kumulierten wandelbaren Vorzugsaktien betrugen die vierteljährlichen Zahlungen $0.8125 pro Aktie, bestehend aus $0.46503 in ordentlichen Dividenden und $0.34747 in Kapitalgewinnausschüttungen. Das Unternehmen stellte fest, dass 9,41 % der ordentlichen Dividenden als ordentliche Dividenden gemäß Abschnitt 897 im Zusammenhang mit US-Immobilienberichten ausgewiesen werden.
- Consistent quarterly dividend payments maintained throughout 2024
- Substantial preferred stock dividend of $0.8125 per share quarterly
- Includes both ordinary dividends and capital gains distributions, providing tax-advantaged income
- Small portion of common share distribution ($0.00361) represents return of capital, potentially indicating earnings didn't fully cover dividends
WEST PALM BEACH, Fla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments, today announced its final 2024 dividend income allocations for both its common and preferred shares as they will be reported on Form 1099-DIV. Additionally, the return of capital on the common shares (Nondividend Distributions in the table below) was reported on Internal Revenue Service Form 8937 pursuant to U.S. tax basis reporting as required under Internal Revenue Code 6045B. A copy of the Internal Revenue Service Form 8937 can be found in the investor’s section on LXP’s website at https://ir.lxp.com/stock-info/tax-documents/form-8937/default.aspx.
| Common Shares | |||||||||||||
| Record Date | Payable Date | Total Distributions Per Share | Total Ordinary Dividends(1) | Qualified Dividends(2) | Total Capital Gain Distribution(3) | Unrecaptured Section 1250 Gain(4) | Nondividend Distributions(5) | Section 199A Dividends(2) | |||||
| 12/29/2023 | 01/16/2024 | ||||||||||||
| 03/28/2024 | 04/15/2024 | ||||||||||||
| 06/28/2024 | 07/15/2024 | ||||||||||||
| 09/30/2024 | 10/15/2024 | ||||||||||||
| Form 1099 - Div Box | 1a | 1b | 2a | 2b | 3 | 5 | |||||||
| Series C Cumulative Convertible Preferred Stock | |||||||||||||
| Record Date | Payable Date | Total Distributions Per Share | Total Ordinary Dividends(1) | Qualified Dividends(2) | Total Capital Gain Distributions(3) | Unrecaptured Section 1250 Gain(4) | Nondividend Distributions(5) | Section 199A Dividends(2) | |||||
| 01/31/2024 | 02/15/2024 | ||||||||||||
| 04/30/2024 | 05/15/2024 | ||||||||||||
| 07/31/2024 | 08/15/2024 | ||||||||||||
| 10/31/2024 | 11/15/2024 | ||||||||||||
| Form 1099 - Div Box | 1a | 1b | 2a | 2b | 3 | 5 | |||||||
____________________________________________________________________________________
(1)
(2) Qualified Dividends (Box 1b) and Section 199A Dividends (Box 5) are a subset of, and are included in, the Total Ordinary Dividends reported in Box 1a.
(3) These amounts are also reported as Section 897 capital gain attributable to dispositions of U.S. Real Property Interests (Box 2f). In addition, for purposes of Section 1061 of the Internal Revenue Code,
(4) Unrecaptured Section 1250 Gain (Box 2b) is a subset of, and included in, the Total Capital Gain Distribution amount reported in Box 2a.
(5) Return of Capital.
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 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.
Contact:
Investor or Media Inquiries for LXP Industrial Trust:
Heather Gentry, Executive Vice President of Investor Relations
Phone: (212) 692-7200 E-mail: hgentry@lxp.com
FAQ
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