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

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

Rexford Industrial Realty has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 4 consecutive years. Rexford Industrial Realty has a 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. 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 Performance

Shares of REXR opened at $34.20 on Friday. The company has a market capitalization of $7.72 billion, a price-to-earnings ratio of 36.77, a price-to-earnings-growth ratio of 1.43 and a beta of 1.21. Rexford Industrial Realty has a 52-week low of $32.14 and a 52-week high of $44.38. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.38. The stock has a 50 day moving average price of $35.18 and a 200 day moving average price of $36.81.

Rexford Industrial Realty (NYSE:REXR) last released its quarterly earnings data 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. The company had revenue of $242.14 million for the quarter, compared to analysts’ expectations of $243.78 million. Rexford Industrial Realty had a net margin of 23.25% and a return on equity of 2.64%. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter last year, the company earned $0.62 earnings per share. Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. Research analysts predict that Rexford Industrial Realty will post 2.4 EPS for the current fiscal 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.