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NOVI, Mich. - Lineage, Inc. (NASDAQ:LINE), a temperature-controlled warehouse REIT with a market capitalization of $10.8 billion, announced Thursday that its Board of Directors has declared a quarterly cash dividend of $0.5275 per share for the third quarter of 2025, representing an attractive 5% yield. According to InvestingPro data, the stock has seen a challenging period, down 26% over the past six months.
The dividend will be paid on October 21, 2025, to shareholders of record as of the close of business on September 30, 2025, according to a company press release.
Lineage operates a network of over 485 temperature-controlled warehouse facilities spanning North America, Europe, and Asia-Pacific. The company’s facilities encompass approximately 86 million square feet and 3.1 billion cubic feet of capacity.
The warehouse REIT provides supply chain solutions and technology services to food and beverage producers, retailers, and distributors.
In other recent news, Lineage Inc. reported its second-quarter 2025 earnings, showing a modest increase in revenue but falling short of earnings expectations. The company continues to focus on innovation and operational improvements despite a challenging quarter. In addition to its financial results, Lineage announced that its New Orleans East Jourdan Road facility has been certified as a Class 3 Public Bonded Warehouse, marking the company’s first customs bonded facility in Louisiana. This facility now serves as both a customs bonded warehouse and the only public import house in the state.
Analyst firms have provided mixed evaluations of Lineage, with RBC Capital lowering its price target from $64 to $51, citing operational headwinds and an uncertain fundamental backdrop. BofA Securities downgraded Lineage from Neutral to Underperform, reducing its price target to $42 due to ongoing demand challenges and macroeconomic uncertainty. Conversely, Evercore ISI raised its price target for Lineage to $50 from $45, attributing the increase to a correction in its discounted cash flow analysis. These developments reflect the varied outlooks on Lineage’s future performance amidst current market conditions.
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