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LXP'C

LXP Industrial Trust · Series C · REITs
Also quoted as: LXP-C, LXPprC, LXP.PRC, LXP-PC, LXPpC
$49.25
last price · 2026-09-14

About this security

LXP'C is a 6.5% cumulative convertible perpetual preferred stock issued by LXP Industrial Trust, grouped under REITs. $50 liquidation preference, current yield 6.60%.

LXP Industrial Trust: LXP Industrial Trust is a Maryland-based real estate investment trust (REIT) focused on Class A warehouse and distribution properties concentrated in Sunbelt and lower Midwest markets. As of December 31, 2025, the company held equity ownership interests in approximately 108 consolidated properties across 14 states, encompassing roughly 52.7 million square feet of space with a 97.1% leased rate. The majority of its leases are structured as net leases, meaning tenants bear substantially all operating costs including taxes, utilities, insurance, and routine repairs. Formed in 1993, LXP targets 12 specific markets and operates almost entirely through wholly-owned subsidiaries.

All LXP Industrial Trust securities and the issuer profile →

Key Stats ✓ Verified against SEC filing (prospectus linked below)

live page · rendered 19:08:58 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
6.60%
Annual Dividend
$3.2500
Recent Market Price
$49.25
as of 2026-09-14
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
n/a (converts to common)
Recent Ex-Date
2026-07-31
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
6.500%
Call Date
Yield to Call
n/a (not callable)
Yield to Worst
n/a (convertible preferred)
Liq. Preference
$50.00
Maturity
Perpetual
Redeemable
No
Convertible
Yes
Conversion Price
$26.82
Conversion Ratio
1.8643
Pay Dates
February 15, May 15, August 15, November 15
Shares Offered (original)
2,700,000 +400,000 OA
Issued
2004-12-08
Series
C
Alt. Symbology
LXP-C, LXPprC, LXP.PRC, LXP-PC, LXPpC

vs. REITs (132 issues with a current yield): yield 6.60% vs avg 8.43% · discount -1.5% vs avg -15.5%

Quote

 LXP'C (preferred)LXP (common)
As of 2026-09-14 2026-09-14
Last $49.25 $60.81
Change -0.05 (-0.10%) -0.03 (-0.05%)
Open$49.25$60.89
High / Low $49.48 / $49.25 $60.89 / $60.77
Prev Close$49.30$60.84
Volume5511,081,291
52-Week High / Low $49.54 / $44.41 $61.61 / $43.98

End-of-day closes, dated in the first row. A quote 3 or more trading sessions old is flagged stale, and a stale common quote is withheld. Change and Prev Close compare with the previous session's close. 52-week range based on available history, adjusted for splits. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

LXP'C LXP (common)

Dividend History

Ex-DateAmount / Share
2026-07-31$0.812500
2026-04-30$0.812500
2026-01-30$0.812500
2025-10-31$0.812500
2025-07-31$0.812500
2025-04-30$0.812500
2025-01-31$0.812500
2024-10-31$0.812500
2024-07-31$0.812500
2024-04-29$0.812500
2024-01-30$0.812500
2023-10-30$0.812500

Performance: $10K Calculator

See what an investment in LXP'C would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

Get dividend & filing alerts for LXP'C →

Prospectus (SEC 424B5)

We are offering 2,700,000 preferred shares of beneficial interest, classified as 6.50% Series C Cumulative Convertible Preferred Stock, par value $0.0001 per share ("Series C Preferred Shares").

Use of proceeds: Net proceeds will be used to fund future acquisitions and for general business purposes.

Full Prospectus (SEC filing) →

News: LXP Industrial Trust

Issuer news via Tiingo, filtered to stories about LXP.

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