STAG Industrial, Inc. Declares Fourth Quarter Common Stock Dividends
BOSTON, Oct. 9, 2024 /PRNewswire/ — The Board of Directors of STAG Industrial, Inc. (NYSE: STAG) announced that the monthly common stock dividend will remain at $0.123333 per share for the fourth quarter of 2024.
The fourth quarter common stock dividends were declared as follows:
FOURTH QUARTER 2024 COMMON STOCK DIVIDENDS DECLARED
Month: October 2024
Record Date: October 31, 2024
Payment Date: November 15, 2024
Dividend Per Share: $0.123333
Month: November 2024
Record Date: November 29, 2024
Payment Date: December 16, 2024
Dividend Per Share: $0.123333
Month: December 2024
Record Date: December 31, 2024
Payment Date: January 15, 2025
Dividend Per Share: $0.123333
STAG Industrial, Inc. is a real estate investment trust that focuses on acquiring, owning, and operating industrial properties across the United States. With a portfolio of 573 buildings in 41 states totaling approximately 114.1 million rentable square feet as of June 30, 2024, the Company continues to expand its presence in the industrial real estate market.
Impact on Individuals:
As a shareholder of STAG Industrial, Inc., the maintenance of the monthly common stock dividend at $0.123333 per share for the fourth quarter of 2024 means that investors can expect a consistent return on their investment. This predictable dividend payout can provide stability and income for individuals who rely on dividends for financial purposes.
Global Impact:
The decision by STAG Industrial, Inc. to maintain its dividend payout reflects the company’s confidence in its financial performance and commitment to delivering value to shareholders. This stability in dividend payments can have a positive impact on the overall real estate investment trust sector and contribute to investor confidence in the industrial property market.
Conclusion:
STAG Industrial, Inc.’s announcement of maintaining its monthly common stock dividend for the fourth quarter of 2024 demonstrates the company’s dedication to providing consistent returns to investors. With a strong portfolio of industrial properties across the United States, STAG Industrial, Inc. continues to be a reliable option for those seeking investment opportunities in the real estate sector.
