STAG Industrial, Inc. Announces Monthly Common Stock Dividend for the Month of February and March 2021, Payable on March 15, 2021 and April 15, 2021 Respectively
January 12, 2021 at 02:31 am IST
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STAG Industrial, Inc. announced increased the monthly common stock dividend to $0.120833 per share for the month of February and March 2021. Record Dates are February 26, 2021 and March 31, 2021 respectively. Payment Dates are March 15, 2021 and April 15, 2021 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.
STAG Industrial, Inc. Announces Monthly Common Stock Dividend for the Month of February and March 2021, Payable on March 15, 2021 and April 15, 2021 Respectively