BOSTON, April 9, 2020 /PRNewswire/ -- The Board of
Directors of STAG Industrial, Inc. (the "Company") (NYSE:STAG)
maintained the monthly common stock dividend at $0.120000 and declared the following second
quarter common stock dividends:
SECOND QUARTER 2020 COMMON STOCK DIVIDENDS DECLARED
Month
|
|
Record Date
|
|
Payment Date
|
|
Dividend Per
Share
|
April 2020
|
|
April 30,
2020
|
|
May 15,
2020
|
|
$0.120000
|
May 2020
|
|
May 29,
2020
|
|
June 15,
2020
|
|
$0.120000
|
June 2020
|
|
June 30,
2020
|
|
July 15,
2020
|
|
$0.120000
|
Additionally, the Board declared the following second quarter
preferred stock dividends:
SECOND QUARTER 2020 PREFERRED STOCK DIVIDENDS
DECLARED
Series
|
Record
Date
|
Payment
Date
|
Dividend Per
Share
|
Series C - 6.875%
Cumulative Redeemable Preferred Stock (NYSE: STAG Pr C)
|
June 15,
2020
|
June 30,
2020
|
$0.4296875
|
About STAG Industrial, Inc.
STAG Industrial, Inc. is a real estate investment trust focused
on the acquisition, ownership and operation of single-tenant,
industrial properties throughout the
United States. As of December 31,
2019, the Company's portfolio consists of 450 buildings in
38 states with approximately 91.4 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, 2019 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.
Source: STAG Industrial, Inc.
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SOURCE STAG Industrial, Inc.