STAG Industrial, Inc. Declares Dividend on Common Stock for the Month of February and March 2022, Payable on March 15, 2022 and April 18, 2022
January 10, 2022 at 04:35 pm EST
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The Board of Directors of STAG Industrial, Inc. declared the monthly common stock dividend of $0.121667 per common share for the month of February and March 2022. Payment dates are March 15, 2022 and April 18, 2022 respectively. Record dates are February 28, 2022 and March 31, 2022 respectively.
STAG Industrial, Inc. is a real estate investment trust (REIT), which is focused on the acquisition, ownership and operation of industrial properties throughout the United States. The Companyâs is designed to identify properties for acquisition that offer relative value across all locations, industrial property types, and tenants through the principled application of its risk assessment model. Its primary business objectives are to own and operate a balanced and diversified portfolio of binary risk investments that maximize cash flows available for distribution to its stockholders, and to enhance stockholder value over time by achieving sustainable long-term growth in distributable cash flow from operations per share. The Company owns approximately 569 buildings in 41 states with 112.3 million rentable square feet, consisting of approximately 493 warehouse/distribution buildings, 70 light manufacturing buildings, one flex/office building, and five value add portfolio buildings.