HighGravityData

Rexford Industrial Realty — Apr 21, 2026 release

Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001571283-26-000017
Open on SEC.gov ↗
Showing in the filing
Series C Cumulative Redeemable Preferred Stock Quarterly Dividend per Share
“$0.351563 per share”
Period
Q2 FY2026
Measure
Declared action
Source
Prose
All guidance in this release · 26
New stock repurchase program authorization for FY2028
“$500 million”
Dispositions Under Contract or Accepted Offer
“approximately $170 million”
Common Stock Dividend per Share for Q2 FY2026
“$0.435 per share”
Dividend for Q2 FY2026
“$0.435 per share”
Series B Cumulative Redeemable Preferred Sto… for Q2 FY2026
“$0.367188 per share”
Quarterly dividend of Series B Cumulative Re…
“$0.367188 per share”
Series C Cumulative Redeemable Preferred Sto… for Q2 FY2026
“$0.351563 per share”
Quarterly dividend of Series C Cumulative Re…
“$0.351563 per share”
Net Income Attributable to Common Stockholde… for Q1 FY2026
“$1.22 - $1.27”
Net Income Attributable to Common Stockholde… for FY2026
“$1.15 - $1.20”
Company share of Core FFO per diluted share for Q1 FY2026
“$2.37 - $2.42”
Company share of Core FFO per diluted share for FY2026
“$2.35 - $2.40”
Same Property Portfolio NOI Growth - Net Eff… for Q1 FY2026
“(2.0)% - (1.0)%”
Same Property Portfolio NOI Growth - Net Eff… for FY2026
“(2.5)% - (1.5)%”
Same Property Portfolio NOI Growth - Cash for Q1 FY2026
“(1.5)% - (0.5)%”
Average Same Property Portfolio Occupancy (F… for Q1 FY2026
“95.1% - 95.6%”
Average Same Property Portfolio Occupancy (F… for FY2026
“94.8% - 95.3%”
Dispositions for Q1 FY2026
“$400M - $500M”
Repositioning/Development Annualized Stabili… for Q1 FY2026
“$16M - $18M”
Repositioning/Development Annualized Stabili… for FY2026
“$19M - $21M”
Repositioning/Development Starts (SF) for Q1 FY2026
“1.2M”
Repositioning/Development Starts (SF) for FY2026
“1.1M”
Repositioning/Development Starts (Total Esti… for Q1 FY2026
“$160M - $170M”
Repositioning/Development Starts (Total Esti… for FY2026
“$140M - $150M”
General and Administrative Expenses for Q1 FY2026
“+/-$60M”
Interest Expense for Q1 FY2026
“+/-$112M”
Exhibit 99.1 · the passage around this item
… earlier in the release
Dividends On April 21, 2026, the Company’s Board of Directors authorized a dividend in the amount of $0.435 per share for the second quarter of 2026, payable in cash on July 15, 2026, to common stockholders and common unit holders of record as of June 30, 2026. On April 21, 2026, 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 June 30, 2026, to preferred stockholders of record as of June 15, 2026. Leadership Transition and Board of Directors On April 1, 2026, Laura Clark assumed the role of Chief Executive Officer and John Nahas assumed the role of Chief Operating Officer as part of the Company's leadership succession plan. Clark, who was appointed to the Board on November 17, 2025, succeeds Co-Chief Executive Officers Howard Schwimmer and Michael Frankel, who departed from their roles on March 31, 2026. Schwimmer and Frankel continue to serve as directors on the Board until their terms expire at the 2026 Annual Meeting of Shareholders on May 19, 2026. On January 1, 2026, David Stockert joined the Company's Board of Directors as an independent member and serves on Board's Audit Committee. Guidance The Company is updating its full year 2026 guidance as indicated below. Please refer to the Company’s supplemental information package for a complete detail of guidance and the 2026 Guidance Rollforward. 2026 Outlook Q1 2026 Updated Guidance Initial 2026 Guidance Earnings Net Income Attributable to Common Stockholders per diluted share (
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.