STOCK TITAN

Stag Industrial Announces Common Stock Dividends

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

On October 13, 2021, STAG Industrial declared its monthly dividend of $0.120833 per share, maintaining this amount for the fourth quarter. The record dates for the dividends are October 29, November 30, and December 31, 2021, with corresponding payment dates on November 15, December 15, and January 18, 2022, respectively. The company continues to focus on acquiring and operating single-tenant industrial properties across the U.S., with a portfolio of 501 buildings spanning approximately 100.1 million rentable square feet as of June 30, 2021.

Positive
  • STAG Industrial maintains monthly dividend at $0.120833, providing consistent income for shareholders.
  • The company has a diversified portfolio consisting of 501 buildings, enhancing stability.
Negative
  • None.

BOSTON, Oct. 13, 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 fourth quarter common stock dividends: 

FOURTH QUARTER 2021 COMMON STOCK DIVIDENDS DECLARED


Month


Record Date


Payment Date


Dividend Per
Share

October 2021


October 29, 2021


November 15, 2021


$0.120833

November 2021


November 30, 2021


December 15, 2021


$0.120833

December 2021


December 31, 2021


January 18, 2022


$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 June 30, 2021, the Company's portfolio consists of 501 buildings in 39 states with approximately 100.1 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, 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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/stag-industrial-announces-common-stock-dividends-301399765.html

SOURCE STAG Industrial, Inc.

FAQ

What is the dividend amount declared by STAG Industrial for the fourth quarter of 2021?

STAG Industrial declared a monthly dividend of $0.120833 per share for the fourth quarter of 2021.

What are the payment dates for STAG Industrial's fourth quarter dividends?

The payment dates for the fourth quarter dividends are November 15, December 15, and January 18, 2022.

When is the record date for the October 2021 dividend payment?

The record date for the October 2021 dividend payment is October 29, 2021.

How many properties does STAG Industrial own as of June 30, 2021?

As of June 30, 2021, STAG Industrial owns 501 buildings.

What is the focus of STAG Industrial's operations?

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

STAG INDUSTRIAL, INC.

NYSE:STAG

STAG Rankings

STAG Latest News

STAG Stock Data

6.19B
181.94M
0.14%
91.31%
2.69%
REIT - Industrial
Real Estate Investment Trusts
Link
United States of America
BOSTON