STAG INDUSTRIAL ANNOUNCES COMMON STOCK DIVIDENDS

Rhea-AI Summary

On October 12, 2022, STAG Industrial announced that it will maintain its monthly common stock dividend at $0.121667. The declared dividends for the fourth quarter include: $0.121667 payable on November 15, 2022, for the October 31, 2022 record date; $0.121667 payable on December 15, 2022, for the November 30, 2022 record date; and $0.121667 payable on January 17, 2023, for the December 30, 2022 record date. As of June 30, 2022, STAG Industrial's portfolio comprises 559 buildings across 40 states, totaling approximately 111.5 million rentable square feet.

Positive

• Dividend maintained at $0.121667 per share, reflecting stability.
• Consistent dividend payments enhance shareholder income.
• Strong property portfolio of 559 buildings indicates robust asset base.

Negative

• None.

BOSTON, Oct. 12, 2022 /PRNewswire/ -- The Board of Directors of STAG Industrial, Inc. (the "Company") (NYSE:STAG) maintained the monthly common stock dividend at $0.121667 and declared the following fourth quarter common stock dividends: 

FOURTH QUARTER 2022 COMMON STOCK DIVIDENDS DECLARED
Month		Record Date		Payment Date		Dividend Per Share
October 2022		October 31, 2022		November 15, 2022		$0.121667
November 2022		November 30, 2022		December 15, 2022		$0.121667
December 2022		December 30, 2022		January 17, 2023		$0.121667

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 June 30, 2022, the Company's portfolio consists of 559 buildings in 40 states with approximately 111.5 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. 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, 2021 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 amount declared by STAG Industrial for Q4 2022?

STAG Industrial declared a dividend of $0.121667 per share for each month in Q4 2022.

When is the payment date for STAG Industrial's Q4 2022 dividends?

The payment dates are November 15, 2022, December 15, 2022, and January 17, 2023.

What are the record dates for STAG Industrial's Q4 2022 dividends?

The record dates are October 31, 2022, November 30, 2022, and December 30, 2022.

How many properties does STAG Industrial own?

As of June 30, 2022, STAG Industrial owns 559 properties across 40 states.

What is the total rentable square footage of STAG Industrial's portfolio?

STAG Industrial's portfolio has approximately 111.5 million rentable square feet.