LXP Industrial Trust Announces Final Dividend Allocation for 2021
LXP Industrial Trust (NYSE: LXP) announced its final 2021 dividend income allocations for common and preferred shares. Common shares received a total distribution of $0.1075 per share with ordinary dividends of $0.070937, payable on January 15, 2021. The preferred series C shares received $0.8125 per share, payable on February 16, 2021. The company provided required tax reporting forms, including Form 1099-DIV and Form 8937, which are available on its website. This allocation reflects LXP’s commitment to providing returns to its investors.
- Total distribution of $0.1075 per common share with $0.070937 in ordinary dividends.
- Preferred shares received $0.8125 per share, indicating stable income for investors.
- None.
NEW YORK, Jan. 20, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced its final 2021 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 was posted to LXP’s website in the Investor’s section (https://bit.ly/LXPTaxDoc2021Form8937) on January 14, 2022.
| Common Shares | |||||||||||||
| Record Date | Payable Date | Total Distributions Per Share | Total Ordinary Dividends | Qualified Dividends(1) | Total Capital Gain Distributions | Unrecaptured Section 1250 Gain | Nondividend Distributions(2) | Section 199A Dividends(1) | |||||
| 12/31/2020 | 01/15/2021 | ||||||||||||
| 03/31/2021 | 04/15/2021 | ||||||||||||
| 06/30/2021 | 07/15/2021 | ||||||||||||
| 09/30/2021 | 10/15/2021 | ||||||||||||
| 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 | Qualified Dividends (1) | Total Capital Gain Distributions | Unrecaptured Section 1250 Gain | Nondividend Distributions (2) | Section 199A Dividends(1) | |||||
| 01/29/2021 | 02/16/2021 | ||||||||||||
| 04/30/2021 | 05/17/2021 | ||||||||||||
| 07/30/2021 | 08/16/2021 | ||||||||||||
| 10/29/2021 | 11/15/2021 | ||||||||||||
| Form 1099 - Div Box | 1a | 1b | 2a | 2b | 3 | 5 | |||||||
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(1) 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.
(2) Return of Capital.
ABOUT LXP INDUSTRIAL TRUST
LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant warehouse and distribution investments across the United States. 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, Senior Vice President of Investor Relations
LXP Industrial Trust
Phone: (212) 692-7200 E-mail: hgentry@lxp.com
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