STAG INDUSTRIAL INCREASES DIVIDEND AND SHIFTS FROM MONTHLY TO QUARTERLY CADENCE
Rhea-AI Summary
STAG Industrial (NYSE:STAG) declared a first-quarter 2026 dividend of $0.3875 per share, raising the annual dividend rate from $1.49 to $1.55 per share and shifting its dividend cadence from monthly to quarterly.
The record date for the Q1 dividend is March 31, 2026 and the payment date is April 15, 2026. The company said it expects to announce future quarterly dividends in late April, July, October and February, respectively, if and when declared by the board.
Positive
- Annual dividend increased to $1.55 per share
- First-quarter dividend set at $0.3875 per share payable April 15, 2026
- Clear dividend announcement schedule for upcoming quarters (Apr/Jul/Oct/Feb)
Negative
- Dividend cadence changed from monthly to quarterly, reducing payment frequency for income-focused shareholders
- Record date March 31, 2026 may delay access to cash for shareholders used to monthly payments
The record date for the first quarter dividend is March 31, 2026, and the payment date is April 15, 2026.
The Company expects to announce any future quarterly dividends in late April, July, October and February, respectively, for second, third, fourth and first quarter dividends, if, as and when declared by the Board of Directors.
About STAG Industrial, Inc.
STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, development, ownership, and operation of industrial properties throughout
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, 2024 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.