STAG INDUSTRIAL ANNOUNCES TAX TREATMENT OF 2021 DIVIDENDS
On January 18, 2022, STAG Industrial announced the tax treatment of its 2021 dividends for common and preferred stockholders. The common stock dividends total $1.498326 per share, with ordinary taxable dividends of $1.119899. The preferred stock dividends total $0.429688 per share, with ordinary taxable dividends amounting to $0.400294. Notably, no foreign taxes were incurred in 2021. Shareholders are urged to consult personal tax advisors for individual tax treatment.
- Total common stock dividends of $1.498326 per share indicate strong shareholder returns.
- Ordinary taxable dividends for common stock amounting to $1.119899 suggest reliable income for investors.
- None.
BOSTON, Jan. 18, 2022 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE: STAG) today announced the tax treatment of its 2021 dividends to holders of its common and preferred stock.
The tax treatment for the common stock dividend is detailed in the investor relations section on the Company's website and is summarized below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment.
TAX TREATMENT OF 2021 COMMON DISTRIBUTIONS | |||||||
CUSIP # 8524J 102 | |||||||
Ticker Symbol: STAG | |||||||
Record Date | Payable Date | Total Distribution Per Share | 2021 Ordinary Taxable Dividends | 2021 Capital Gain Distribution (3)(4) | 2021 Unrecaptured Section 1250 Gain(1) | 2021 Return of Capital Per Share | Section 199A Dividends (2) |
12/31/20 | 01/15/21 | ||||||
01/29/21 | 02/16/21 | ||||||
02/26/21 | 03/15/21 | ||||||
03/31/21 | 04/15/21 | ||||||
04/30/21 | 05/17/21 | ||||||
05/28/21 | 06/15/21 | ||||||
06/30/21 | 07/15/21 | ||||||
07/30/21 | 08/16/21 | ||||||
08/31/21 | 09/15/21 | ||||||
09/30/21 | 10/15/21 | ||||||
10/29/21 | 11/15/21 | ||||||
11/30/21 | 12/15/21 | ||||||
12/31/21 | 01/18/22 | ||||||
Total | |||||||
(1) The amount reported as Unrecaptured Section 1250 Gain is a subset of, and is included in, the Capital Gain Distribution. | |||||||
(2) The amount reported as Ordinary Taxable Dividends is treated as a qualified REIT dividend for purposes of Section 199A. | |||||||
(3) The Section 897 Capital Gain amount is equal to | |||||||
(4) Pursuant to Treasury Regulation §1.1061-(c), STAG Industrial, Inc. is disclosing additional information related to the Capital Gain Distributions reported on Form 1099-DIV, for purposes of Section 1061. Section 1061 is generally applicable to direct and indirect holders of "applicable partnership interests." The "One Year Amounts" and "Three Year Amounts" required to be disclosed are both zero with respect to the 2021 distributions, since all capital gain dividends relate to Section 1231 gains. |
The Company did not incur any foreign taxes in 2021. The December 2020 monthly common stock dividend that was declared on October 9, 2020 and paid on January 15, 2021 of
The tax treatment for the preferred stock dividend is detailed in the investor relations section on the Company's website and is summarized below.
TAX TREATMENT OF 2021 PREFERRED DISTRIBUTIONS | |||||||
CUSIP # 8524J 409 | |||||||
Ticker Symbol: STAG Pr C | |||||||
Record Date | Payable Date | Total Distribution Per Share | 2021 Ordinary Taxable Dividends | 2021 Capital Gain Distribution (3)(4) | 2021 Unrecaptured Section 1250 Gain (1) | 2021 Return of Capital Per Share | Section 199A Dividends (2) |
03/15/21 | 03/31/21 | ||||||
Total | |||||||
(1) The amount reported as Unrecaptured Section 1250 Gain is a subset of, and is included in, the Capital Gain Distribution. | |||||||
(2) The amount reported as Ordinary Taxable Dividends is treated as a qualified REIT dividend for purposes of Section 199A. | |||||||
(3) The Section 897 Capital Gain amount is equal to | |||||||
(4) Pursuant to Treasury Regulation §1.1061-(c), STAG Industrial, Inc. is disclosing additional information related to the Capital Gain Distributions reported on Form 1099-DIV, for purposes of Section 1061. Section 1061 is generally applicable to direct and indirect holders of "applicable partnership interests." The "One Year Amounts" and "Three Year Amounts" required to be disclosed are both zero with respect to the 2021 distributions, since all capital gain dividends relate to Section 1231 gains. |
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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