---
schema_version: "secwatch.filing_event.v1"
accession: "0001444838-23-000056"
form_type: "8-K"
ticker: "LXP"
cik: "0000910108"
company_name: "LXP Industrial Trust"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T05:23:48.344414+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LXP Q3 FFO $0.18/diluted share, beats prior; raises dividend 4% to $0.13/quarterly

## Summary
- Q3 2023 net income $11.0M ($0.04/diluted) vs $21.8M ($0.08) year ago; Adjusted Company FFO $51.9M ($0.18/diluted) vs $48.1M ($0.17).
- Industrial same-store NOI up 5.0% YoY; new/extended leases 481,500 sq ft with base rents +26.3% and cash rents +15.9%.
- Board authorized 4% dividend increase to $0.13/quarter common share ($0.52 annualized), payable Jan 16, 2024 to holders of record Dec 29, 2023.
- Disposed two office properties for aggregate $48.1M; forward-purchased 124,450 sq ft Dallas warehouse for ~$15.0M.
- FY 2023 guidance: net income $0.25-$0.27/diluted share; Adjusted Company FFO tightened to $0.68-$0.70/diluted share.

## SEC filing metadata
- accession: 0001444838-23-000056
- form_type: 8-K
- ticker: LXP
- cik: 0000910108
- company_name: LXP Industrial Trust
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910108/000144483823000056/0001444838-23-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910108/000144483823000056/lxp-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001444838-23-000056
- JSON: https://secwatch.observer/filing/0001444838-23-000056.json
- Plain text: https://secwatch.observer/filing/0001444838-23-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.