Rexford Industrial Realty, Inc. (REXR) To Go Ex-Dividend on March 31st

Rexford Industrial Realty, Inc. (NYSE:REXR) announced a quarterly dividend on Monday, February 2nd. Stockholders of record on Tuesday, March 31st will be given a dividend of 0.435 per share by the real estate investment trust on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date is Tuesday, March 31st. This is a 1.2% increase from Rexford Industrial Realty’s previous quarterly dividend of $0.43.

Rexford Industrial Realty has increased its dividend 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 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 $2.68 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 64.9%.

Rexford Industrial Realty Stock Performance

Shares of REXR opened at $32.47 on Friday. The company’s 50 day simple moving average is $37.23 and its 200-day simple moving average is $39.83. The firm has a market cap of $7.53 billion, a PE ratio of 38.20, a price-to-earnings-growth ratio of 2.34 and a beta of 1.24. Rexford Industrial Realty has a 12-month low of $29.68 and a 12-month high of $44.38. The company has a current ratio of 2.51, a quick ratio of 2.51 and a debt-to-equity ratio of 0.37.

Rexford Industrial Realty (NYSE:REXR) last released its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.59 EPS for the quarter, beating the consensus estimate of $0.58 by $0.01. Rexford Industrial Realty had a net margin of 21.03% and a return on equity of 2.37%. The firm had revenue of $248.10 million during the quarter, compared to the consensus estimate of $249.05 million. During the same quarter in the prior year, the firm earned $0.58 EPS. Rexford Industrial Realty’s revenue for the quarter was up 2.1% on a year-over-year basis. Rexford Industrial Realty has set its FY 2026 guidance at 2.350-2.400 EPS. As a group, equities analysts predict that Rexford Industrial Realty will post 2.38 EPS for the current year.

About Rexford Industrial Realty

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.