STAG Industrial Declares Quarterly Dividend
STAG Industrial (NYSE: STAG) has declared a quarterly dividend of $0.3875 per share, representing an annualized yield of approximately 3.81%. The dividend is payable on October 15 to shareholders of record as of September 30, with the ex-dividend date also set for September 30. The announcement comes amid a backdrop where STAG Industrial has demonstrated in-line earnings performance and rising cash flow despite underperformance relative to broader market trends. The company's focus on acquisition activity across America continues to drive growth as lease income expands. Recent Q3 results showed an FFO of $0.65 per share, meeting expectations while revenue exceeded forecasts by a modest margin. The dividend declaration reflects the REIT’s ongoing commitment to shareholder returns and aligns with its historical pattern of consistent payouts.
Tickers: $STAG
Topics: dividends real_estate reits