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STAG INDUSTRIAL ANNOUNCES COMMON STOCK DIVIDENDS

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STAG Industrial announced that its Board of Directors has maintained the monthly common stock dividend at $0.123333 per share. The company declared dividends for the third quarter of 2024, with the following details:

July 2024: Record Date - July 31, Payment Date - August 15, Dividend per Share - $0.123333

August 2024: Record Date - August 30, Payment Date - September 16, Dividend per Share - $0.123333

September 2024: Record Date - September 30, Payment Date - October 15, Dividend per Share - $0.123333

Positive
  • Consistent dividend of $0.123333 per share maintained for the third quarter of 2024, indicating steady income for shareholders.
Negative
  • None.

BOSTON, July 10, 2024 /PRNewswire/ -- The Board of Directors of STAG Industrial, Inc. (the "Company") (NYSE:STAG) maintained the monthly common stock dividend at $0.123333 per share and declared the following third quarter common stock dividends:

THIRD QUARTER 2024 COMMON STOCK DIVIDENDS DECLARED

Month


Record Date


Payment Date


Dividend Per
Share

July 2024


July 31, 2024


August 15, 2024


$0.123333

August 2024


August 30, 2024


September 16, 2024


$0.123333

September 2024


September 30, 2024


October 15, 2024


$0.123333

About STAG Industrial, Inc.

STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, ownership, and operation of industrial properties throughout the United States. As of March 31, 2024, the Company's portfolio consists of 570 buildings in 41 states with approximately 113.0 million rentable square feet.

For additional information, please visit the Company's website at www.stagindustrial.com.

Forward-Looking Statements

This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," "will," "expect," "intend," "anticipate," "estimate," "should," "project" or similar expressions. Forward-looking statements in this press release include, among others, statements about the expected redemption, including the redemption date. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the risk factors discussed in the Company's annual report on Form 10-K for the year ended December 31, 2023, as updated by the Company's quarterly reports on Form 10-Q. Accordingly, there is no assurance that the Company's expectations will be realized. Except as otherwise required by the federal securities laws, the Company disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in the Company's expectations with regard thereto or any change in events, conditions, or circumstances on which any such statement is based.

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SOURCE STAG Industrial, Inc.

FAQ

What is the dividend per share declared by STAG Industrial for Q3 2024?

STAG Industrial declared a dividend of $0.123333 per share for each month in the third quarter of 2024.

When is the record date for STAG Industrial's July 2024 dividend?

The record date for STAG Industrial's July 2024 dividend is July 31, 2024.

When will STAG Industrial pay its August 2024 dividend?

STAG Industrial will pay its August 2024 dividend on September 16, 2024.

What is the payment date for STAG Industrial's September 2024 dividend?

The payment date for STAG Industrial's September 2024 dividend is October 15, 2024.

Has STAG Industrial changed its monthly dividend amount for Q3 2024?

No, STAG Industrial has maintained its monthly dividend at $0.123333 per share for Q3 2024.

STAG Industrial, Inc.

NYSE:STAG

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