LXP Industrial Trust

LXP

Real Estate · REIT - Industrial · Stock · quarterly payer

$61.06

Overvalued · -30% Add to Portfolio

Forward Yield

4.59%

Annual Dividend

$2.80

Payout Ratio

275%

5-Yr Growth

5.2%

Ex-Date

Jun 30, 2026

Frequency

Quarterly

Key facts about LXP's dividend

Data as of Oct 19, 2026 · Source: SmarterDividends data

As of Oct 19, 2026, LXP Industrial Trust (LXP) has a forward dividend yield of 4.59%, based on an annual dividend of $2.80 per share and a share price of $61.06.
As of Oct 19, 2026, LXP's dividend safety grade from SmarterDividends is C (63 out of 100), which rates the dividend as borderline.
By SmarterDividends' count, LXP Industrial Trust (LXP) has raised its dividend for 6 consecutive years as of Oct 19, 2026.
LXP last cut its regular dividend in 2019.
LXP's most recent ex-dividend date was Jun 30, 2026, for a dividend of $0.70 per share.
As of Oct 19, 2026, LXP pays out 275% of its trailing 12-month earnings as dividends (its payout ratio).
LXP's dividend has grown at an average rate of 5.2% a year over the past five years.
As of Oct 19, 2026, SmarterDividends' blended fair-value estimate for LXP is $42.60 per share, 30% below the $61.06 share price, so LXP screens as overvalued.
LXP Industrial Trust (LXP) pays its dividend quarterly, 4 times a year.
LXP Industrial Trust (LXP) has raised its regular dividend 29 times and cut it 5 times across the 131 payments on record since 1994. Its most recent change was a 3.7% increase to $0.700 per share, going ex-dividend on Dec 31, 2025. The last cut went ex-dividend on Mar 28, 2019.
LXP Industrial Trust (LXP) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 3.7%, was declared on Oct 30, 2025.

Cite this page

SmarterDividends, "LXP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 19, 2026, https://smarterdividends.com/stocks/LXP

Summary

As of Oct 19, 2026, LXP Industrial Trust (LXP) yields 4.59% ($2.80 a year per share), has a dividend safety grade of C (63/100) and has 6 consecutive years of dividend increases on record.

Is LXP a good dividend stock?

Yes, with caveats

LXP Industrial Trust (LXP) pays a quarterly dividend yielding 4.59% ($2.80/yr), with 6 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

Strong 5.2% 5-yr dividend growth

Risks

Cut its dividend in 2019
Elevated payout ratio (275%)
Share price is down over the past 5 years

Key Data

Dividend Yield: 4.59%
Payout Ratio: 275%
Annual Dividend: $2.80
5-Yr Avg Growth: 5.2%
Ex-Dividend Date: Jun 30, 2026
Years of Growth: 6
Frequency: quarterly
Beta: 1.04
Market Cap: $3.6B
P/E Ratio: 60.5
5-Yr Total Return: -19%
52-Week Range: $44.17 – $61.61
Dividend Safety: C · 63/100
Ever Cut?: Yes (2019)

LXP dividend raises and cuts

LXP Industrial Trust (LXP) has raised its regular dividend 29 times and cut it 5 times across the 131 payments on record since 1994. Its most recent change was a 3.7% increase to $0.700 per share, going ex-dividend on Dec 31, 2025. The last cut went ex-dividend on Mar 28, 2019.

Ex-date	Change	Old → new	Move
Dec 31, 2025	Raise	$0.675 → $0.700	+3.7%
Dec 31, 2024	Raise	$0.650 → $0.675	+3.8%
Dec 28, 2023	Raise	$0.625 → $0.650	+4.0%
Dec 29, 2022	Raise	$0.600 → $0.625	+4.2%
Dec 30, 2021	Raise	$0.540 → $0.600	+11.1%
Dec 30, 2020	Raise	$0.525 → $0.540	+2.9%
Dec 30, 2019	Raise	$0.515 → $0.525	+1.9%
Mar 28, 2019	Cut	$0.890 → $0.515	−42.1%
Dec 28, 2017	Raise	$0.875 → $0.890	+1.7%
Sep 28, 2016	Raise	$0.850 → $0.875	+2.9%
Jun 26, 2014	Raise	$0.825 → $0.850	+3.0%
Dec 27, 2013	Raise	$0.750 → $0.825	+10.0%

Show all 34 changes since 1994

Ex-date	Change	Old → new	Move
Sep 26, 2012	Raise	$0.625 → $0.750	+20.0%
Dec 28, 2011	Raise	$0.575 → $0.625	+8.7%
Dec 29, 2010	Raise	$0.500 → $0.575	+15.0%
Dec 29, 2009	Raise	$0.0900 → $0.500	+455.6%
Sep 23, 2009	Raise	$0.0871 → $0.0900	+3.3%
Jun 26, 2009	Raise	$0.0839 → $0.0871	+3.9%
Mar 24, 2009	Cut	$0.799 → $0.0839	−89.5%
Dec 29, 2008	Cut	$1.46 → $0.799	−45.5%
Mar 27, 2008	Cut	$1.66 → $1.46	−12.0%
Mar 29, 2007	Raise	$1.62 → $1.66	+2.7%
Jan 27, 2006	Raise	$1.60 → $1.62	+1.4%
Jan 27, 2005	Raise	$1.55 → $1.60	+2.9%
Jan 28, 2004	Raise	$1.49 → $1.55	+4.5%
Jan 29, 2003	Raise	$1.46 → $1.49	+1.5%
Jan 29, 2002	Raise	$1.42 → $1.46	+3.1%
Apr 26, 2001	Raise	$1.38 → $1.42	+3.2%
Jan 27, 2000	Raise	$1.33 → $1.39	+4.3%
Jul 28, 1999	Cut	$1.38 → $1.33	−3.8%
Jan 28, 1999	Raise	$1.29 → $1.38	+7.6%
Jan 29, 1997	Raise	$1.24 → $1.29	+3.6%
Jul 26, 1996	Raise	$1.20 → $1.24	+3.7%
Apr 25, 1994	Raise	$1.06 → $1.20	+12.5%

Every LXP payment →Download every raise and cut (CSV)

LXP ex-dividend date & scheduleNext ex-date Jun 30, 2026 · full ex-dividend historyView →LXP dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is LXP a good dividend stock?

Yes, with caveats. LXP Industrial Trust (LXP) pays a quarterly dividend yielding 4.59% ($2.80/yr), with 6 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is LXP undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LXP's fair value is about $42.60 versus a $61.06 share price — so it looks overvalued (-30% vs. fair value).

Is LXP's dividend safe?

LXP has a dividend-safety grade of C (63/100), based on its payout coverage, free-cash-flow, 6-year growth streak, a dividend cut in 2019, debt and yield-versus-history.

What is LXP's fair value?

Our blended fair-value estimate for LXP is about $42.60 per share, about 30% below the current $61.06 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is LXP a buy, hold, or sell?

We don't issue formal ratings, but on the data LXP screens as "yes, with caveats" and overvalued. LXP Industrial Trust (LXP) pays a quarterly dividend yielding 4.59% ($2.80/yr), with 6 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will LXP cut its dividend?

LXP earns a dividend-safety grade of C (63/100), and has cut its dividend before (last in 2019). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does LXP pay a dividend?

Yes. LXP Industrial Trust pays a quarterly dividend of about $2.80 per share annually, a forward yield of roughly 4.59%.

What is LXP's dividend yield?

As of Oct 19, 2026, LXP's forward dividend yield is 4.59%, based on a $2.80 annual dividend and a $61.06 share price.

What is LXP's dividend per share?

As of Oct 19, 2026, LXP pays $2.80 per share per year, distributed on a quarterly basis.

What is LXP's dividend payout ratio?

As of Oct 19, 2026, LXP's payout ratio is 275% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has LXP grown its dividend?

As of Oct 19, 2026, LXP has increased its dividend for 6 consecutive years.

When is the next LXP ex-dividend date?

As of Oct 19, 2026, LXP's next ex-dividend date hasn't been announced. The most recent was Jun 30, 2026, for $0.70 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full LXP dividend history →

Ex-Date	Pay Date	Amount	Type
Jun 30, 2026	Jul 15, 2026	$0.7000	regular
Mar 31, 2026	Apr 15, 2026	$0.7000	regular
Dec 31, 2025	Jan 15, 2026	$0.7000	regular
Sep 30, 2025	Oct 15, 2025	$0.6750	regular
Jun 30, 2025	Jul 15, 2025	$0.6750	regular
Mar 31, 2025	Apr 15, 2025	$0.6750	regular
Dec 31, 2024	Jan 15, 2025	$0.6750	regular
Sep 30, 2024	Oct 15, 2024	$0.6500	regular
Jun 28, 2024	Jul 15, 2024	$0.6500	regular
Mar 27, 2024	Apr 15, 2024	$0.6500	regular
Dec 28, 2023	Jan 16, 2024	$0.6500	regular
Sep 28, 2023	Oct 16, 2023	$0.6250	regular
Jun 29, 2023	Jul 17, 2023	$0.6250	regular
Mar 30, 2023	Apr 17, 2023	$0.6250	regular