• LXP Industrial Trust Announces Final 2022 Dividend Allocation

    Source: Nasdaq GlobeNewswire / 19 Jan 2023 16:15:00   America/New_York

    NEW YORK, Jan. 19, 2023 (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 2022 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 can be found in the investor’s section on LXP’s website at https://ir.lxp.com/stock-info/tax-documents/form-8937/default.aspx.

    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)
    12/31/202101/18/2022$0.1200$0.097517$0.000000$0.00$0$0.022483$0.097517
    03/31/202204/18/2022$0.1200$0.097517$0.000000$0.00$0$0.022483$0.097517
    06/30/202207/15/2022$0.1200$0.097517$0.000000$0.00$0$0.022483$0.097517
    09/30/202210/17/2022$0.1200$0.097517$0.000000$0.00$0$0.022483$0.097517
    Form 1099 - Div Box 1a1b2a2b35


    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)
    01/31/202202/15/2022$0.812500$0.812500$0.000000$0.00$0$0$0.812500
    04/29/202205/16/2022$0.812500$0.812500$0.000000$0.00$0$0$0.812500
    07/29/202208/15/2022$0.812500$0.812500$0.000000$0.00$0$0$0.812500
    10/31/202211/15/2022$0.812500$0.812500$0.000000$0.00$0$0$0.812500
    Form 1099 - Div Box 1a1b2a2b35

     

    (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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