• LXP Industrial Trust Announces Final Dividend Allocation for 2021

    Source: Nasdaq GlobeNewswire / 20 Jan 2022 16:15:00   America/New_York

    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    
    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)
    12/31/202001/15/2021$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    
    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)
    01/29/202102/16/2021$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 Relations
    LXP Industrial Trust
    Phone: (212) 692-7200 E-mail: hgentry@lxp.com 


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