STAG INDUSTRIAL ANNOUNCES COMMON STOCK DIVIDENDS
STAG Industrial has announced an increase in its monthly common stock dividend to $0.121667, resulting in an annualized dividend of $1.46. The dividends for the first quarter of 2022 include payments for January, February, and March, scheduled for February 15, March 15, and April 18, respectively. This decision reflects the company's commitment to returning value to shareholders. STAG Industrial operates a portfolio of 517 industrial properties across 40 states, totaling approximately 103.4 million rentable square feet as of September 30, 2021.
- Monthly dividend increased to $0.121667, enhancing shareholder income.
- Annualized dividend stands at $1.46, indicating company confidence.
- None.
BOSTON, Jan. 10, 2022 /PRNewswire/ -- The Board of Directors of STAG Industrial, Inc. (the "Company") (NYSE: STAG) increased the monthly common stock dividend to
FIRST QUARTER 2022 COMMON STOCK DIVIDENDS DECLARED | ||||||
Month | Record Date | Payment Date | Dividend Per Share | |||
January 2022 | January 31, 2022 | February 15, 2022 | ||||
February 2022 | February 28, 2022 | March 15, 2022 | ||||
March 2022 | March 31, 2022 | April 18, 2022 | ||||
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 September 30, 2021, the Company's portfolio consists of 517 buildings in 40 states with approximately 103.4 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.
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SOURCE STAG Industrial, Inc.
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