Lexington Realty Trust About To Put More Money In Your Pocket (LXP)

Looking at the universe of stocks we cover at Dividend Channel, on 6/26/13, Lexington Realty Trust ( LXP) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 7/15/13. As a percentage of LXP's recent stock price of $11.32, this dividend works out to approximately 1.33%, so look for shares of Lexington Realty Trust to trade 1.33% lower — all else being equal — when LXP shares open for trading on 6/26/13.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for LXP, showing historical dividends prior to the most recent $0.15 declared by Lexington Realty Trust:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LXP is likely to continue, and whether the current estimated yield of 5.30% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LXP shares, versus its 200 day moving average:

Lexington Realty Trust 200 Day Moving Average Chart

Looking at the chart above, LXP's low point in its 52 week range is $7.82 per share, with $13.82 as the 52 week high point — that compares with a last trade of $11.30.

According to the ETF Finder at ETF Channel, LXP makes up 2.97% of the KBW Premium Yield Equity REIT Portfolio ETF ( KBWY) which is trading lower by about 1.8% on the day Monday.

In Monday trading, Lexington Realty Trust shares are currently off about 1.6% on the day.


If you liked this article you might like

Bullish and Bearish Reversals for the Week

These 5 Dividend-Paying REITs Are Breaking Out

What To Hold: 3 Hold-Rated Dividend Stocks SEAS, MIC, LXP

3 Hold-Rated Dividend Stocks: LXP, M, CVA

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: ACRE, LXP, UMPQ