The Traderszone Network

Published in TZ Latest News 11 September, 2014 by The TZ Newswire Staff

Lexington Realty Trust Shines With 6%-Plus Dividend

Shares of Lexington Realty Trust haven’t impressed lately, but its dividend has. Lexington (LXP), a real estate investment trust (REIT), pays a quarterly dividend of 17 cents a share for an annualized yield of over 6%. Lexington says that its yield is higher than other REITs’ average yield. The firm has increased its dividend 70% the past four years.

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