STAG INDUSTRIAL ANNOUNCES COMMON STOCK DIVIDENDS

PR Newswire

BOSTON, Jan. 10, 2025

BOSTON, Jan. 10, 2025 /PRNewswire/ -- The Board of Directors of STAG Industrial, Inc. (the "Company") (NYSE:STAG) increased the monthly common stock dividend to $0.124167 per share, which equates to an annualized dividend of $1.49 per share, and declared the following first quarter common stock dividends:

 
          FIRST QUARTER 2025 COMMON STOCK DIVIDENDS DECLARED 
 
                                                           Dividend Per 
Month               Record Date          Payment Date          Share 
--------------   ------------------   ------------------   ------------ 
January 2025       January 31, 2025     February 18, 2025    $0.124167 
February 2025      February 28, 2025     March 17, 2025      $0.124167 
March 2025          March 31, 2025       April 15, 2025      $0.124167 
---------------   -------------------   -----------------   ------------ 
 

About STAG Industrial, Inc.

STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, ownership, and operation of industrial properties throughout the United States. As of September 30, 2024, the Company's portfolio consists of 578 buildings in 40 states with approximately 114.5 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, 2023 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.

/CONTACT: STAG Industrial, Inc., Matts Pinard, Executive Vice President, Chief Financial Officer, and Treasurer, 617-226-4987, InvestorRelations@stagindustrial.com

(END) Dow Jones Newswires

January 10, 2025 16:06 ET (21:06 GMT)