Real Estate
Industrial Logistics Properties Trust Increases Quarterly Distribution on Common Shares to $0.10 Per Share or $0.40 Per Share Per Year
NEWTON, Mass., July 09, 2026--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that its Board of Trustees has increased its quarterly cash distribution on its common shares from $0.05 per share to $0.10 per share ($0.40 per share per year). This distribution will be paid on or about August 13, 2026, to ILPT’s shareholders of record as of the close of business on July 20, 2026.
About this update from Industrial Logistics Properties Trust
NEWTON, Mass., July 09, 2026--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that its Board of Trustees has increased its quarterly cash distribution on its common shares from $0.05 per share to $0.10 per share ($0.40 per share per year). This distribution will be paid on or about August 13, 2026, to ILPT's shareholders of record as of the close of business on July 20, 2026. Tiffany Sy, Chief Financial Officer and Treasurer of ILPT, made the following statement: "ILPT has made significant strides over the past year, including increasing occupancy to over 98%, continuing to grow rents and refinancing debt to eliminate exposure to variable interest rates. As a result, the Board has approved a meaningful increase to our quarterly dividend, reflecting the durability of our portfolio, the sustainability of our cash flows and our commitment to delivering shareholder value." About Industrial Logistics Properties Trust ILPT is a real estate investment trust, or REIT, focused on owning and leasing high quality industrial and logistics properties. As of March 31, 2026, ILPT's portfolio consisted of 409 properties containing approximately 59.6 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of March 31, 2026 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management as of March 31, 2026 and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA. For more information, visit www.ilptreit.com. WARNING CONCERNING FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based upon ILPT's present intent, beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond ILPT's control. These statements include, among others, statements regarding ILPT's distribution rate, which may imply that ILPT will...
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