REXR Rexford Industrial Realty, Inc.

Real Estate · REIT - Industrial

6 · Fair Momentum 3.0 · Weak Watch 11y streak

36.19

-0.77%

About the company

Rexford Industrial Realty, Inc. creates value by investing in, operating and repositioning industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand with lowest-supply major market in the nation over the long term. The Company's highly differentiated strategy enables internal and external growth opportunities through its proprietary value creation and asset management capabilities. Rexford Industrial's high-quality, irreplaceable portfolio comprised 414 properties with approximately 50.4 million rentable square feet occupied by a stable and diverse tenant base. Structured as a real estate investment trust (REIT) listed on the New York Stock Exchange. Rexford Industrial is an S&P MidCap 400 Index member. Rexford Industrial Realty, Inc. was incorporated on January 18th, 2013 and is based in Los Angeles, United States.

Website Annual reports (10-K)

4.81%

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94.21%

1.74

8.3B

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-1.78

37.44

52-week range

36.2

low 32.1 high 44.4

Dividend deep dive

Rexford Industrial Realty, Inc. (REXR) is an Industrial REIT. The company currently offers a dividend yield of 4.62%, which is above its 5-year average yield of 2.88% and its 5-year high of 4.43%. According to Yield Theory, this indicates the stock may be undervalued. REXR has a dividend safety status of "watch" and a rating score of 6.0. It is recognized as a CCC Contender, having increased its dividend for 11 consecutive years.

Dividend history

REXR demonstrates a commitment to dividend growth, marked by an 11-year streak of increases, earning it Contender status. The 3-year dividend CAGR is 10.93%, while the 5-year CAGR is 14.87%. The annual dividend per share has consistently risen, from $0.48 in 2014 to $0.74 in 2019, and further to $1.52 in 2023. Projections show continued growth with $1.672 for 2024 and $1.72 for 2025. This history reflects a sustained return of capital to shareholders.