Lexington Realty Trust Announces Quarterly Common Share Dividend
March 16 2015 - 4:15PM
Lexington Realty Trust (NYSE:LXP) ("Lexington") today announced
that it declared a regular common share/unit dividend/distribution
for the quarter ending March 31, 2015 of $0.17 per common
share/unit payable on or about April 15, 2015 to common
shareholders/unitholders of record as of March 31, 2015.
Lexington also announced that it 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, 2015. This Series C Preferred Share dividend is payable on or
about May 15, 2015, to shareholders of record of Series C Preferred
Shares as of April 30, 2015.
ABOUT LEXINGTON REALTY TRUST
Lexington Realty Trust is a real estate investment trust that
owns a diversified portfolio of equity and debt interests in
single-tenant commercial properties and land. Lexington seeks to
expand its portfolio through acquisitions, sale-leaseback
transactions, build-to-suit arrangements and other transactions. A
majority of these properties and all land interests are subject to
net or similar leases, where the tenant bears all or substantially
all of the operating costs, including cost increases, for real
estate taxes, utilities, insurance and ordinary repairs. Lexington
also provides investment advisory and asset management services to
investors in the single-tenant area. Lexington's common shares are
traded on the New York Stock Exchange under the symbol "LXP".
Additional information about Lexington is available on-line by
contacting Lexington Realty Trust, Investor Relations, at
www.lxp.com.
CONTACT: Investor Relations or
Patrick Carroll, CFO
212-692-7200
pcarroll@lxp.com
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