Lexington Realty Trust Announces Quarterly Common Share Dividend
March 15 2017 - 3:15PM
Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate
investment trust (REIT) focused on single-tenant real estate
investments, today announced that it declared a regular common
share/unit dividend/distribution for the quarter ending March 31,
2017 of $0.175 per common share/unit payable on or about April 17,
2017 to common shareholders/unitholders of record as of March 31,
2017.
Lexington also declared a cash dividend of
$0.8125 per share of Series C Cumulative Convertible Preferred
Stock (“Series C Preferred Shares”) for the quarter ending March
31, 2017. This Series C Preferred Share dividend is payable on or
about May 15, 2017, to shareholders of record of Series C Preferred
Shares as of April 28, 2017.
ABOUT LEXINGTON REALTY TRUST
Lexington Realty Trust (NYSE:LXP) is a publicly
traded real estate investment trust (REIT) that owns a diversified
portfolio of real estate assets consisting primarily of equity and
debt investments in single-tenant net-leased commercial properties
across the United States. Lexington seeks to expand its portfolio
through build-to-suit transactions, sale-leaseback transactions and
acquisitions. For more information or to follow Lexington 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 Lexington's control which may cause actual
results, performance or achievements of Lexington 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 Lexington’s Board of
Trustees with respect to the authorization of future dividend
declarations and (2) those factors and risks detailed in
Lexington's periodic filings with the Securities and Exchange
Commission. Except as required by law, Lexington 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 Lexington Realty Trust:
Heather Gentry, Senior Vice President of Investor Relations
Lexington Realty Trust
Phone: (212) 692-7200 E-mail: hgentry@lxp.com
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