Lexington Realty Trust Announces Quarterly Common Share Dividend
September 21 2015 - 8:46PM
Lexington Realty Trust (NYSE:LXP) (“Lexington”) today announced
that it declared a regular common share/unit dividend/distribution
for the quarter ending September 30, 2015 of $0.17 per common
share/unit payable on or about October 15, 2015 to common
shareholders/unitholders of record as of September 30, 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 December 31, 2015. This Series C Preferred Share dividend is
payable on or about February 16, 2016, to shareholders of record of
Series C Preferred Shares as of January 29, 2016.
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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