A Monthly Dividend Stock Titan: STAG Industrial ($STAG)
Next, we delve into a titan amongst monthly dividend stocks: STAG Industrial. STAG Industrial stock is a prominent player in the realm of industrial real estate investment trusts (REITs). With an unwavering focus on industrial properties, STAG Industrial sets itself apart as one of the few pure industrial REITs available in the market. Today, we uncover the secrets behind their success and why they are an excellent choice for investors seeking a monthly dividend stock in the Industrial REIT sector.
STAG Industrial boasts an extensive and impressive portfolio, encompassing a staggering 113 million square feet spread across 569 properties in 41 states. This vast collection of industrial properties contributes to a remarkable portfolio valuation of approximately $9.9 billion, reflecting the company’s substantial market presence and strategic acquisitions.
STAG Industrial Dividend Yield: 3.87%
STAG Industrial Dividend Monthly: $0.12
STAG Industrial Dividend Annual: $1.48
Income from $100,000 investment: $3,870
STAG Industrial Stock’s investment approach
STAG Industrial, Inc. (NYSE: STAG) is a real estate investment trust focused on the acquisition, ownership and operation of industrial properties throughout the United States. For most of our properties (approximately 96%), tenants have entered triple-net leases, where they are responsible for all aspects of and costs related to the building and its operation during the lease term, including utilities, taxes, insurance and maintenance costs, but typically excluding roof and building structure. By targeting this type of property, STAG has developed an investment strategy that helps investors find a powerful balance of income plus growth.
STAG Industrial Dividend
While STAG Industrial’s dividend growth may not rival that of some industry peers, it has consistently increased over the past four years, showcasing the company’s commitment to rewarding its shareholders. The relatively shorter duration of this growth trajectory should not undermine the appeal of STAG Industrial as a reliable monthly dividend payer. Investors can expect an approximate monthly dividend payout of around $0.12, equivalent to an annual dividend of $1.47. This consistent income stream adds a touch of stability to investors’ portfolios, making STAG Industrial an enticing choice for those seeking regular dividends.
Investing in STAG Industrial offers a unique opportunity to gain exposure to the thriving industrial REIT sector. By focusing solely on industrial properties, STAG Industrial demonstrates their specialized expertise in this niche market. This targeted approach allows them to capitalize on the growing demand for industrial real estate, driven by factors such as e-commerce growth and logistics expansion. Incorporating STAG Industrial into your investment portfolio provides access to the lucrative industrial sector, which plays a crucial role in supporting various industries, including manufacturing, warehousing, and distribution. As the economy continues to evolve, the demand for industrial properties remains robust, positioning STAG Industrial for potential long-term growth and stability.
In conclusion, STAG Industrial stands tall as a premier choice for investors seeking a monthly dividend stock in the Industrial REIT sector. With its exclusive focus on industrial properties, a diverse and valuable portfolio, and a consistent dividend payout, STAG Industrial offers a compelling investment opportunity. By embracing STAG Industrial, investors can tap into the promising industrial sector and potentially reap the benefits of long-term growth and reliable monthly dividends.
On the next page we’ll take a look at Monthly Dividend Stock in the Farmland Sector. You read that right, next we look into Gladstone Land Stock.
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