Rexford Industrial Realty, Inc. (NYSE:REXR) Announces Quarterly Dividend of $0.43

Rexford Industrial Realty, Inc. (NYSE:REXR) declared a quarterly dividend on Tuesday, April 21st. Stockholders 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 dividend yield of 5.1%. The ex-dividend date is Tuesday, June 30th.

Rexford Industrial Realty has raised its dividend payment 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% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. 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 Trading Up 2.1%

NYSE REXR opened at $34.20 on Friday. Rexford Industrial Realty has a 1-year low of $32.14 and a 1-year high of $44.38. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.38. The stock has a 50-day moving average of $35.18 and a 200-day moving average of $36.81. The firm has a market cap of $7.72 billion, a PE ratio of 36.77, a price-to-earnings-growth ratio of 1.43 and a beta of 1.21.

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

Rexford Industrial Realty Company Profile

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.