Scroll to top

STAG Industrial Increases Common Stock Dividend

BOSTON, Oct. 30, 2014 /PRNewswire/ — STAG Industrial, Inc. (the “Company”) (NYSE:STAG), a real estate investment trust focused on the acquisition and management of single-tenant industrial properties throughout the United States, announced today that its Board of Directors approved a 2.3% increase in the Company’s common stock dividend from the current annual rate of $1.32 per share to $1.35 per share.

This increase commences with the payment of the January common stock dividend, paid in February. The Company’s Board declared a monthly dividend of $0.1125 per common share, for the months of January, February, and March 2015.┬áThe record and payment dates for the first quarter 2015 are as follows:

FIRST QUARTER 2015 DIVIDENDS DECLARED

MonthRecord DatePayment DateDividend
January-2015January 30, 2015February 17, 2015$0.1125
February-2015February 27, 2015March 16, 2015$0.1125
March-2015March 31, 2015April 15, 2015$0.1125

The increased common stock dividend represents an annual distribution rate of 5.6%, based on the Company’s closing pricing on October 30, 2014 of $24.20 per share.