NEW YORK, Dec. 24 /PRNewswire-FirstCall/ -- Lexington Realty Trust today announced that it declared a special cash common share dividend of $2.10 per share/unit, payable on January 15, 2008 to shareholders/unitholders of record on December 31, 2007. The special cash dividend represents 2007 REIT taxable income in excess of the amount distributed through the Company's regular quarterly dividends.
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In addition to the special cash dividend, Lexington will also pay its previously declared and announced regular quarterly cash common share dividend of $0.375 per share/unit, for total dividends of $2.475 per share/unit, on January 15, 2008 to shareholders/unitholders of record on December 31, 2007.
ABOUT LEXINGTON REALTY TRUST
Lexington Realty Trust is a real estate investment trust that owns, invests in, and manages office, industrial and retail properties net-leased to major corporations throughout the United States and provides investment advisory and asset management services to investors in the net lease area. Lexington shares are traded on the New York Stock Exchange under the symbol "LXP". Additional information about Lexington is available on-line at http://www.lxp.com/ or by contacting Lexington Realty Trust, Investor Relations, One Penn Plaza, Suite 4015, New York, New York 10119-4015.
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