Lexington Realty Trust (LXP) Ex-Dividend Date Scheduled for March 26, 2013

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Lexington Realty Trust ( LXP ) will begin trading ex-dividend on March 26, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on April 15, 2013. Shareholders who purchased LXP stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that LXP has paid the same dividend.

The previous trading day's last sale of LXP was $11.85, representing a -2.79% decrease from the 52 week high of $12.19 and a 51.53% increase over the 52 week low of $7.82.

LXP is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). LXP's current earnings per share, an indicator of a company's profitability, is $.89. Zacks Investment Research reports LXP's forecasted earnings growth in 2013 as 4.08%, compared to an industry average of 7.6%.

For more information on the declaration, record and payment dates, visit the LXP Dividend History page.

Interested in gaining exposure to LXP through an Exchange Traded Fund [ETF]?
The following ETF(s) have LXP as a top-10 holding:

  • IQ US Real Estate Small Cap ETF ( ROOF )
  • PowerShares KBW Premium Yield Equity REIT Portfolio ETF ( KBWY )
  • WisdomTree Trust SmallCap Dividend Fund ( DES ).

The top-performing ETF of this group is ROOF with an increase of 18.76% over the last 100 days. It also has the highest percent weighting of LXP at 3.47%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
Referenced Symbols: AMT , DES , KBWY , LXP , ROOF , SPG

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