STAG INDUSTRIAL ANNOUNCES COMMON STOCK DIVIDENDS

Rhea-AI Summary

On April 11, 2023, STAG Industrial announced the maintenance of its monthly common stock dividend at $0.122500. The company declared the following second quarter dividends:

• April Record Date: April 28, Payment Date: May 15
• May Record Date: May 31, Payment Date: June 15
• June Record Date: June 30, Payment Date: July 17

STAG Industrial is focused on acquiring and operating industrial properties in the United States, with a portfolio of 562 buildings and approximately 111.7 million rentable square feet as of December 31, 2022. Investors should note the company's consistent dividend, reflecting confidence in its financial footing.

Positive

• Monthly common stock dividend maintained at $0.122500, indicating stability.
• Strong portfolio with 562 buildings and 111.7 million rentable square feet.

Negative

• None.

BOSTON, April 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 second quarter common stock dividends: 

SECOND QUARTER 2023 COMMON STOCK DIVIDENDS DECLARED
Month		Record Date		Payment Date		Dividend Per Share
April 2023		April 28, 2023		May 15, 2023		$0.122500
May 2023		May 31, 2023		June 15, 2023		$0.122500
June 2023		June 30, 2023		July 17, 2023		$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 December 31, 2022, the Company's portfolio consists of 562 buildings in 41 states with approximately 111.7 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, 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 dividend amount declared by STAG Industrial for Q2 2023?

STAG Industrial declared a monthly dividend of $0.122500 for Q2 2023.

What are the payment dates for STAG Industrial's dividends in Q2 2023?

Payment dates for Q2 2023 are May 15 for April's dividend, June 15 for May's dividend, and July 17 for June's dividend.

How does STAG Industrial's portfolio size affect investors?

A larger portfolio, like STAG Industrial's 562 buildings, may provide stability and potential for ongoing dividend payouts, reflecting financial health.