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LXP Industrial Trust (LXP) Declares a Quarterly Dividend of $0.135 per Common Share
Yahoo Financeยท 2025-09-25 01:19
Core Insights - LXP Industrial Trust is recognized as one of the best warehouse and self-storage stocks to invest in currently [1] - The company declared a quarterly dividend of $0.135 per common share, indicating a stable payout while expanding its portfolio [2] - In Q2 2025, LXP initiated the redevelopment of a 350,000-square-foot warehouse and sold another warehouse for $39.6 million, with same-store NOI increasing by 4.7% year-over-year [3][4] Company Overview - LXP Industrial Trust is a publicly traded REIT that focuses on Class A warehouse and distribution investments, expanding its portfolio through various strategies including acquisitions, development projects, build-to-suit transactions, and sale-leaseback deals [4]