Lexington Realty Trust ( LXP ) will begin trading ex-dividend on December 29, 2015. A cash dividend payment of $0.17 per share is scheduled to be paid on January 15, 2016. Shareholders who purchased LXP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that LXP has paid the same dividend. At the current stock price of $8.18, the dividend yield is 8.31%.
The previous trading day's last sale of LXP was $8.18, representing a -30.38% decrease from the 52 week high of $11.75 and a 5.28% increase over the 52 week low of $7.77.
LXP is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and Public Storage ( PSA ). LXP's current earnings per share, an indicator of a company's profitability, is $.46. Zacks Investment Research reports LXP's forecasted earnings growth in 2015 as -3.6%, compared to an industry average of 7.1%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.