Rexford Industrial Realty Announces Quarterly Dividend of $0.435 Per Share
Rexford Industrial Realty (REXR) has declared a quarterly dividend of $0.435 per share, maintaining consistency with its previous payout levels. The distribution carries a forward yield of 4.53%. Shareholders of record as of December 31 will receive the payment on January 15. In recent financial developments, the company has provided core Funds From Operations (FFO) guidance in the range of $2.41 to $2.44 per share. Rexford is currently targeting a net debt to EBITDA ratio of approximately 3.5x by the end of the year as part of its ongoing capital management strategy.
Tickers: $REXR
Topics: debt targets dividend declaration earnings miss FFO guidance revenue guidance
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