Stag Industrial dividend – STAG Industrial Increases Dividend by 0.7%, Payable on February 15
January 15, 2023
Trending News 🌥️
Stag Industrial Stock Intrinsic Value – STAG ($NYSE:STAG) Industrial Inc. is a real estate investment trust that focuses on acquiring, owning, and operating single-tenant industrial properties throughout the United States. The company’s portfolio is primarily composed of warehouses, distribution centers, light manufacturing properties, and flex/office buildings. STAG Industrial Inc. has recently announced that it will be increasing its dividend by 0.7%, from $0.1217/share to $0.1225/share. This monthly dividend will be payable on February 15 to shareholders of record as of January 31, with the ex-dividend date being January 30.
The forward yield of this dividend is 4.23%. To learn more about STAG Industrial’s dividend scorecard, yield chart, and dividend growth, please visit the Seeking Alpha website at the link provided. With this increase, STAG’s dividend yield is now higher than the average for stocks in the Real Estate Investment Trusts (REITs) sector. Investors should take note of this increase and consider how it may affect their own portfolios.
Dividends – Stag Industrial dividend
STAG Industrial Inc. has recently announced an increase in their dividend by 0.7% for the third quarter of their fiscal year 2022. This dividend per share of 1.46 USD is compared to their previous dividends of 1.45 USD and 1.44 USD that were issued the last two years. With this, their dividend yields from 2020 to 2022 are 4.79%, 3.94%, and 3.73%, and the three-year average dividend yield is 4.15%. If you are looking for dividend stocks, STAG INDUSTRIAL may be a great choice to consider. The dividend yields have been steadily increasing and the company is showing signs of stability in their financials. The 0.7% increase may not seem like much, but it will add up in the long run and provide investors with a steady stream of income.
The quarterly dividend will be payable on February 15th and investors who own shares of STAG INDUSTRIAL before that date will be eligible to receive the dividend payment. This is a great opportunity for investors who are looking to invest in a reliable dividend stock. Overall, STAG INDUSTRIAL’s 0.7% dividend increase is a great sign for investors who are interested in investing in the company. The company’s financials have been strong and the dividend yields have been consistently increasing. If you are looking for a reliable dividend stock to add to your portfolio, STAG INDUSTRIAL may be a great option to consider.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Stag Industrial. More…
| Total Revenues | Net Income | Net Margin |
| 634.64 | 234.58 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Stag Industrial. More…
| Operations | Investing | Financing |
| 379.41 | -1.01k | 603.63 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Stag Industrial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.2k | 2.7k | 19.09 |
Key Ratios Snapshot
Some of the financial key ratios for Stag Industrial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 31.4% |
| FCF Margin | ROE | ROA |
| – | – | – |
Stock Price
This marks the sixth consecutive year that the company has increased its dividend. The stock opened at $33.5 and closed at $34.7, up by 4.7% from the previous closing price of $33.2. The company’s chief executive officer, Ben Butcher, commented that “we are proud to reward our shareholders with a dividend for the sixth consecutive year. The company expects that the dividend will continue to be a key source of income for shareholders, and is confident in its ability to continue providing strong returns to investors in the future.
Investors have reacted positively to the news, with the stock price increasing by 4.7% on Wednesday. Overall, the decision to increase the dividend by 0.7% is a show of confidence in the company’s performance and future prospects. The increase is expected to provide additional returns to investors while maintaining a healthy balance sheet and providing a stable source of income for shareholders. Live Quote…
VI Analysis – Stag Industrial Stock Intrinsic Value
STAG Industrial is a real estate investment trust (REIT) that focuses on the acquisition and operation of single-tenant industrial properties throughout the United States. Investors are drawn to the company for its long-term potential, which is reflected in its fundamentals. Thanks to the VI app, analyzing STAG Industrial’s performance has become much easier. The VI Line, a stock valuation tool, shows that the intrinsic value of STAG Industrial’s shares is currently around $33.9. This suggests that the stock, which is currently trading at $34.7, is overvalued by 2%. While this overvaluation is not significant, investors should be aware that the stock could be at risk of correction if market conditions change. Overall, STAG Industrial appears to be a sound investment option. The company has a solid track record of generating steady returns and its fundamentals indicate long-term potential. However, investors should keep in mind that the stock may be overvalued and could be subject to correction in the future. More…
VI Peers
The competition among Stag Industrial Inc, Prologis Inc, Terreno Realty Corp, and Duke Realty Corp is fierce. All four companies are in the business of providing industrial space for businesses. They all have their own strengths and weaknesses, and each is trying to outdo the others in terms of price, quality, and service.
– Prologis Inc ($NYSE:PLD)
Prologis Inc is a real estate investment trust that owns, operates, and develops warehouses and distribution facilities. As of December 31, 2020, the company owned or had investments in 3,109 properties in 19 countries. Prologis Inc is headquartered in San Francisco, California.
– Terreno Realty Corp ($NYSE:TRNO)
Terreno Realty Corp is a real estate investment trust that focuses on the acquisition, development, and operation of industrial properties in the United States. The company has a market cap of 4.32B as of 2022. Terreno Realty Corp’s properties are located in major metropolitan markets in the United States. The company was founded in 2006 and is headquartered in San Francisco, California.
Summary
STAG Industrial Inc. is a real estate investment trust that specializes in the acquisition, ownership, and management of single-tenant industrial properties across the United States. This move comes as a sign of optimism for investors, as the stock price moved up on the same day. Analysts view this move as a positive sign for the future outlook of the company, as it shows a commitment to rewarding shareholders and confidence in its operations. With a strong balance sheet and a portfolio of properties with long-term leases, STAG Industrial Inc. is well-positioned to capitalize on the current real estate market and remain a leader in the industry.
Related Posts
Recent Posts
