STAG Industrial Announces Common Stock Dividends

Rhea-AI Summary

STAG Industrial announced the maintenance of its monthly dividend at $0.120833 per share. The Company declared the second quarter dividends with record dates on April 30, May 28, and June 30, 2021, and corresponding payment dates on May 17, June 15, and July 15, 2021. STAG Industrial operates as a real estate investment trust focusing on single-tenant industrial properties across the US, with a portfolio of 492 buildings and approximately 98.2 million rentable square feet as of December 31, 2020.

Positive

• Monthly dividend maintained at $0.120833, indicating stability.
• Consistent dividend payment schedule enhances shareholder confidence.
• Strong asset base with 492 buildings and 98.2 million rentable square feet.

Negative

• None.

BOSTON, April 12, 2021 /PRNewswire/ -- The Board of Directors of STAG Industrial, Inc. (the "Company") (NYSE:STAG) maintained the monthly common stock dividend at $0.120833 and declared the following second quarter common stock dividends: 

SECOND QUARTER 2021 COMMON STOCK DIVIDENDS DECLARED

Month		Record Date		Payment Date		Dividend Per Share
April 2021		April 30, 2021		May 17, 2021		$0.120833
May 2021		May 28, 2021		June 15, 2021		$0.120833
June 2021		June 30, 2021		July 15, 2021		$0.120833

About STAG Industrial, Inc.

STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, ownership and operation of single-tenant, industrial properties throughout the United States. As of December 31, 2020, the Company's portfolio consists of 492 buildings in 39 states with approximately 98.2 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, 2020 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.

View original content to download multimedia:http://www.prnewswire.com/news-releases/stag-industrial-announces-common-stock-dividends-301266999.html

SOURCE STAG Industrial, Inc.

FAQ

What is the dividend amount for STAG in April 2021?

The dividend amount for STAG in April 2021 is $0.120833 per share.

When will STAG pay dividends for the second quarter of 2021?

STAG will pay dividends on May 17, June 15, and July 15, 2021.

What are the record dates for STAG's second quarter dividends?

The record dates for the second quarter dividends are April 30, May 28, and June 30, 2021.

How many properties does STAG Industrial own?

STAG Industrial owns 492 properties across the United States.

What is STAG's focus as a real estate investment trust?

STAG focuses on the acquisition, ownership, and operation of single-tenant industrial properties.