Welcome to our dedicated page for Stag Indl news (Ticker: STAG), a resource for investors and traders seeking the latest updates and insights on Stag Indl stock.
STAG Industrial, Inc. (NYSE: STAG) is a real estate investment trust focused on industrial properties, particularly single-tenant warehouse and distribution buildings across the United States. The news flow around STAG Industrial centers on its operating performance, portfolio activity, dividend policy, and capital markets transactions, giving investors a detailed view of how the company manages and grows its industrial real estate platform.
Visitors to this news page can review company-issued press releases and related updates. Recent announcements have covered quarterly and year-to-date financial and operating results, including metrics such as net income, Cash NOI, Same Store Cash NOI, Adjusted EBITDAre, Core FFO, occupancy rates, and leasing volumes. STAG Industrial also reports on acquisition and disposition activity, development projects, and leasing milestones, such as full building leases and new agreements across millions of square feet.
Dividend declarations are another recurring theme in STAG Industrial’s news. The company has announced monthly common stock dividends, detailed record and payment dates, and, more recently, an increase in its annual dividend rate and a shift from monthly to quarterly dividend payments. These updates provide context on the company’s cash distribution practices as a REIT.
In addition, STAG Industrial issues notices about upcoming earnings releases, quarterly conference calls, participation in industry conferences such as NAREIT’s REITworld, and changes to its capital structure, including unsecured term loan amendments and senior unsecured note issuances. Investors and analysts can use this page to follow these developments over time and monitor how STAG Industrial communicates its financial condition, portfolio strategy, and capital decisions.
STAG Industrial will announce its Q1 2022 financial results after market close on May 3, 2022. This will be followed by a conference call on May 4, 2022, at 10:00 a.m. ET. The call can be accessed via toll-free numbers or listened to live on the Company’s website. As of December 31, 2021, STAG's portfolio includes 544 properties across 40 states, totaling approximately 108.6 million rentable square feet. For more information, visit www.stagindustrial.com.
STAG Industrial, a real estate investment trust, will participate in Citi's Global Property CEO Conference during the week of March 7, 2022. The Company has released a business update presentation available on its website under the Investor Relations section. As of December 31, 2021, STAG Industrial's portfolio includes 544 buildings across 40 states, totaling approximately 108.6 million rentable square feet. This participation aims to enhance investor relations and showcase the Company's growth strategy.
STAG Industrial (NYSE: STAG) reported its Q4 2021 financial results, revealing a net income of $86.2 million, or $0.50 per share, down from $94.6 million and $0.63 per share in Q4 2020. However, Core FFO rose 19.2% to $90 million, or $0.51 per share, compared to $75.5 million and $0.49 per share in the previous year. Cash NOI increased by 14% to $114.5 million. The company acquired 35 buildings for $689.5 million and sold eight buildings for $112.5 million, achieving an occupancy rate of 96.9% across its portfolio. The upcoming management transition is emphasized as a key development.
On January 18, 2022, STAG Industrial announced the tax treatment of its 2021 dividends for common and preferred stockholders. The common stock dividends total $1.498326 per share, with ordinary taxable dividends of $1.119899. The preferred stock dividends total $0.429688 per share, with ordinary taxable dividends amounting to $0.400294. Notably, no foreign taxes were incurred in 2021. Shareholders are urged to consult personal tax advisors for individual tax treatment.
STAG Industrial has announced an increase in its monthly common stock dividend to $0.121667, resulting in an annualized dividend of $1.46. The dividends for the first quarter of 2022 include payments for January, February, and March, scheduled for February 15, March 15, and April 18, respectively. This decision reflects the company's commitment to returning value to shareholders. STAG Industrial operates a portfolio of 517 industrial properties across 40 states, totaling approximately 103.4 million rentable square feet as of September 30, 2021.
STAG Industrial announced a management succession plan effective July 1, 2022. Benjamin S. Butcher will transition from CEO to Executive Chairman, while William R. Crooker, currently President, will step into the CEO role. Matts S. Pinard has been appointed as Executive Vice President, CFO, and Treasurer. This transition aims to ensure operational and strategic continuity, with Butcher remaining involved in key corporate matters. Both Crooker and Pinard have been with the company for several years, enhancing confidence in their ability to lead STAG Industrial successfully.
STAG Industrial will release its Q4 and full year 2021 operating results on February 16, 2022, after market close. A conference call to discuss the results is scheduled for February 17, 2022, at 10:00 a.m. ET. Investors can join by calling (877) 407-4018 for US callers or (201) 689-8471 internationally. A webcast of the call will be available on STAG's Investor Relations website. As of September 30, 2021, STAG has a portfolio of 517 buildings across 40 states, totaling approximately 103.4 million rentable square feet.
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STAG Industrial will participate in the Jefferies Real Estate Conference on December 16, 2021, and the Capital One Securities Annual REIT Conference on January 11, 2022. A business update presentation is available on their website under the "Presentations" tab in the Investor Relations section. As of September 30, 2021, STAG Industrial operates 517 buildings across 40 states, with approximately 103.4 million rentable square feet.
STAG Industrial announced a partnership with DonorsChoose to support teachers and students nationwide, aligning with its Charitable Action Fund. The collaboration involves selecting over 200 school projects, impacting over 22,000 students, particularly in lower-income communities, covering subjects like math, science, and arts. CEO Ben Butcher emphasized the Fund's mission to improve communities. STAG's portfolio includes 517 buildings across 40 states, totaling approximately 103.4 million rentable square feet as of September 30, 2021.