Rexford Industrial Realty — Jul 16, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001571283-25-000033
Showing in the filing
Dividend per share, Series C Cumulative Redeemable Preferred Stock
“$0.351563 per share”
Period
Q3 FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 21
Dividend for Q3 FY2025
“$0.43 per share”
Dividend per share (common stock) for Q3 FY2025
“$0.43 per share”
Dividend per share, Series B Cumulative Rede… for Q3 FY2025
“$0.367188 per share”
Quarterly dividend of Series B Cumulative Re…
“$0.367188 per share”
Dividend per share, Series C Cumulative Rede… for Q3 FY2025
“$0.351563 per share”
Quarterly dividend of Series C Cumulative Re…
“$0.351563 per share”
Net Income Attributable to Common Stockholde… for Q2 FY2025
“$1.38 - $1.42”
Net Income Attributable to Common Stockholde… for Q1 FY2025
“$1.31 - $1.35”
Company share of Core FFO per diluted share for Q2 FY2025
“$2.37 - $2.41”
Company share of Core FFO per diluted share for Q1 FY2025
“$2.37 - $2.41”
Same Property Portfolio NOI Growth — Net Eff… for Q2 FY2025
“0.75% - 1.25%”
Same Property Portfolio NOI Growth — Net Eff… for Q1 FY2025
“0.75% - 1.25%”
Same Property Portfolio NOI Growth — Cash for Q2 FY2025
“2.25% - 2.75%”
Same Property Portfolio NOI Growth — Cash for Q1 FY2025
“2.25% - 2.75%”
Average Same Property Portfolio Occupancy (F… for Q2 FY2025
“95.5% - 96.0%”
Average Same Property Portfolio Occupancy (F… for Q1 FY2025
“95.5% - 96.0%”
General and Administrative Expenses for Q2 FY2025
“+/- $82M”
General and Administrative Expenses for Q1 FY2025
“+/- $82M”
Net Interest Expense for Q2 FY2025
“+/- $107M”
Net Interest Expense for Q1 FY2025
“+/- $109.5M”
Estimated non-cash equity compensation expen… for FY2025
“$37.3 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
Dividends On July 14, 2025, the Company’s Board of Directors authorized a dividend in the amount of $0.43 per share for the third quarter of 2025, payable in cash on October 15, 2025, to common stockholders and common unit holders of record as of September 30, 2025. On July 14, 2025, the Company’s Board of Directors authorized a quarterly dividend of $0.367188 per share of its Series B Cumulative Redeemable Preferred Stock and a quarterly dividend of $0.351563 per share of its Series C Cumulative Redeemable Preferred Stock, payable in cash on September 30, 2025, to preferred stockholders of record as of September 15, 2025. Guidance The Company is updating its full year 2025 guidance as indicated below. Please refer to the Company’s supplemental information package for a complete detail of guidance and the 2025 Guidance Rollforward. 2025 Outlook (1) Q2 2025 Updated Guidance Q1 2025 Guidance Net Income Attributable to Common Stockholders per diluted share $1.38 - $1.42 $1.31 - $1.35 Company share of Core FFO per diluted share $2.37 - $2.41 $2.37 - $2.41 Same Property Portfolio NOI Growth — Net Effective 0.75% - 1.25% 0.75% - 1.25% Same Property Portfolio NOI Growth — Cash 2.25% - 2.75% 2.25% - 2.75% Average Same Property Portfolio Occupancy (Full Year) (2) 95.5% - 96.0% 95.5% - 96.0% General and Administrative Expenses (3) +/- $82M +/- $82M Net Interest Expense +/- $107M +/- $109.5M (1) 2025 Guidance represents the in-place portfolio as of June 30, 2025, and does not include any assumptions for additional prospective acquisitions, dispositions or related balance sheet activities that have not closed. (2) As of June 30, 2025, our 2025 Same Property
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.