Rexford Industrial Realty, Inc. (REXR) to Distribute Quarterly Dividend of $0.43 on July 15th

by · The Cerbat Gem

Rexford Industrial Realty, Inc. (NYSE:REXR – Get Free Report) declared a quarterly dividend on Tuesday, April 21st. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.435 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date is Tuesday, June 30th.

Rexford Industrial Realty has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 4 consecutive years. Rexford Industrial Realty has a dividend payout ratio of 156.8% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Rexford Industrial Realty to earn $2.37 per share next year, which means the company should continue to be able to cover its $1.74 annual dividend with an expected future payout ratio of 73.4%.

Rexford Industrial Realty Stock Up 2.1%

REXR opened at $34.20 on Friday. The company’s 50-day moving average price is $35.18 and its two-hundred day moving average price is $36.81. Rexford Industrial Realty has a twelve month low of $32.14 and a twelve month high of $44.38. The stock has a market cap of $7.72 billion, a price-to-earnings ratio of 36.77, a PEG ratio of 1.43 and a beta of 1.21. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.38.

Rexford Industrial Realty (NYSE:REXR – Get Free Report) last issued its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.11. Rexford Industrial Realty had a net margin of 23.25% and a return on equity of 2.64%. The firm had revenue of $242.14 million during the quarter, compared to analyst estimates of $243.78 million. During the same quarter last year, the business earned $0.62 earnings per share. The company’s quarterly revenue was down 2.9% on a year-over-year basis. Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. As a group, equities analysts expect that Rexford Industrial Realty will post 2.4 earnings per share for the current year.

Rexford Industrial Realty Company Profile

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Rexford Industrial Realty, Inc (NYSE: REXR) is a real estate investment trust (REIT) specializing in the acquisition, ownership and operation of industrial properties in Southern California. The company’s portfolio is concentrated in infill locations across key supply-chain markets, where it targets modern distribution centers, logistics facilities and light manufacturing spaces. Rexford’s strategy emphasizes buildings that offer proximity to major transportation routes and labor pools, catering to tenants in e-commerce, third-party logistics and manufacturing industries.

Since its founding in 2013, Rexford Industrial Realty has executed a disciplined growth plan driven by property acquisitions, selective development projects and strategic value-add initiatives.

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