LXP-P-C: LXP Industrial Trust 6.5% Series C Preferred Stock
LXP Industrial Trust's LXP-P-C is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $49.04, LXP-P-C yields 6.63% on its $50 liquidation preference and 6.5% coupon.
It trades at a discount of 1.9% to par.
The issue is cumulative, perpetual (no stated maturity), convertible.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.