LXP Industrial Trust Announces Final Dividend Allocation for 2021

January 20, 2022 4:15 PM EST

NEW YORK, Jan. 20, 2022 (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 2021 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 was posted to LXP’s website in the Investor’s section (https://bit.ly/LXPTaxDoc2021Form8937) on January 14, 2022.

Common Shares    
RecordDatePayable DateTotalDistributionsPer ShareTotal OrdinaryDividendsQualifiedDividends(1)Total CapitalGainDistributionsUnrecapturedSection 1250GainNondividend Distributions(2)Section 199ADividends(1)
12/31/202001/15/2021$0.1075$0.070937$0.000111$0.00$0$0.036563$0.070826
03/31/202104/15/2021$0.1075$0.070937$0.000111$0.00$0$0.036563$0.070826
06/30/202107/15/2021$0.1075$0.070937$0.000111$0.00$0$0.036563$0.070826
09/30/202110/15/2021$0.1075$0.070937$0.000111$0.00$0$0.036563$0.070826
Form 1099 - Div Box 1a1b2a2b35

Series C Cumulative Convertible Preferred Stock    
RecordDatePayable DateTotalDistributionsPer ShareTotal OrdinaryDividendsQualifiedDividends (1)Total CapitalGainDistributionsUnrecapturedSection 1250GainNondividend Distributions (2)Section 199ADividends(1)
01/29/202102/16/2021$0.812500$0.812500$0.001270$0.00$0$0$0.811230
04/30/202105/17/2021$0.812500$0.812500$0.001270$0.00$0$0$0.811230
07/30/202108/16/2021$0.812500$0.812500$0.001270$0.00$0$0$0.811230
10/29/202111/15/2021$0.812500$0.812500$0.001270$0.00$0$0$0.811230
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 RelationsLXP Industrial Trust Phone: (212) 692-7200 E-mail: [email protected] 

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Source: LXP Industrial Trust


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