STAG INDUSTRIAL ANNOUNCES COMMON STOCK DIVIDENDS

Rhea-AI Summary

STAG Industrial, Inc. maintains monthly common stock dividend at $0.122500 and declares fourth quarter dividends.

Positive

• STAG Industrial, Inc. maintains monthly common stock dividend at $0.122500.
• STAG Industrial, Inc. declares fourth quarter dividends.

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• None.

BOSTON, Oct. 11, 2023 /PRNewswire/ -- The Board of Directors of STAG Industrial, Inc. (the "Company") (NYSE: STAG) maintained the monthly common stock dividend at $0.122500 and declared the following fourth quarter common stock dividends: 

FOURTH QUARTER 2023 COMMON STOCK DIVIDENDS DECLARED

Month		Record Date		Payment Date		Dividend Per Share
October 2023		October 31, 2023		November 15, 2023		$0.122500
November 2023		November 30, 2023		December 15, 2023		$0.122500
December 2023		December 29, 2023		January 16, 2024		$0.122500

 

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, 2023, the Company's portfolio consists of 558 buildings in 41 states with approximately 111.1 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. 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, 2022, 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 monthly common stock dividend maintained by STAG Industrial, Inc.?

The monthly common stock dividend maintained by STAG Industrial, Inc. is $0.122500.

What dividends were declared for the fourth quarter of 2023 by STAG Industrial, Inc.?

For the fourth quarter of 2023, STAG Industrial, Inc. declared dividends of $0.122500 per share for October, November, and December.