LXP Industrial Trust Announces Final 2024 Dividend Allocation

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 can be found in the investor’s section on LXP’s website at https://ir.lxp.com/stock-info/tax-documents/form-8937/default.aspx.

Common Shares
Record
Date
Payable
Date
Total
Distributions
Per Share
Total Ordinary
Dividends(1)
Qualified
Dividends(2)
Total Capital
Gain
Distribution(3)
Unrecaptured
Section 1250
Gain(4)
Nondividend
Distributions(5)
Section 199A
Dividends(2)
12/29/202301/16/2024$0.130000$0.072340$0.000000$0.054050$0.021230$0.003610$0.072340
03/28/202404/15/2024$0.130000$0.072340$0.000000$0.054050$0.021230$0.003610$0.072340
06/28/202407/15/2024$0.130000$0.072340$0.000000$0.054050$0.021230$0.003610$0.072340
09/30/202410/15/2024$0.130000$0.072340$0.000000$0.054050$0.021230$0.003610$0.072340
Form 1099 – Div Box1a1b2a2b35

Series C Cumulative Convertible Preferred Stock
Record
Date
Payable
Date
Total
Distributions
Per Share
Total Ordinary
Dividends(1)
Qualified
Dividends(2)
Total Capital
Gain
Distributions(3)
Unrecaptured
Section 1250
Gain(4)
Nondividend
Distributions(5)
Section 199A
Dividends(2)
01/31/202402/15/2024$0.812500$0.465030$0.000000$0.347470$0.136500$0$0.465030
04/30/202405/15/2024$0.812500$0.465030$0.000000$0.347470$0.136500$0$0.465030
07/31/202408/15/2024$0.812500$0.465030$0.000000$0.347470$0.136500$0$0.465030
10/31/202411/15/2024$0.812500$0.465030$0.000000$0.347470$0.136500$0$0.465030
Form 1099 – Div Box1a1b2a2b35

____________________________________________________________________________________
(1)9.41% of these amounts are also reported as Section 897 ordinary dividends attributable to dispositions of U.S. Real Property Interests (Box 2e).
(2)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.
(3)These amounts are also reported as Section 897 capital gain attributable to dispositions of U.S. Real Property Interests (Box 2f). In addition, for purposes of Section 1061 of the Internal Revenue Code, 100% of the distributions reported as Total Capital Gain Distributions (Box 2a) are from sales of assets that generated Section 1231 gains. Section 1061 is generally applicable to direct and indirect holders of “applicable partnership interests.”
(4)Unrecaptured Section 1250 Gain (Box 2b) is a subset of, and included in, the Total Capital Gain Distribution amount reported in Box 2a.
(5)Return of Capital.

ABOUT LXP INDUSTRIAL TRUST

LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution investments in target markets across the Sunbelt and Midwest. 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, visitwww.lxp.com.

Contact:
Investor or Media Inquiries for LXP Industrial Trust:
Heather Gentry, Executive Vice President of Investor Relations
Phone: (212) 692-7200 E-mail: hgentry@lxp.com

Compare listings

Compare