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