Looking for another reliable monthly dividend stock? Look no further than STAG Industrial, a leader in the industrial real estate sector, which is poised to continue delivering strong returns to investors.
STAG Industrial (NYSE: STAG) specializes in the acquisition and management of single-tenant industrial properties across the U.S., with a portfolio of over 500 properties. With industrial real estate booming, STAG is well-positioned to benefit from the continued growth in e-commerce and logistics.
Key Details:
- Dividend Yield: ~5.3%
- Ex-Dividend Date: May 30, 2025
- Payment Date: June 10, 2025
- Dividend Amount: $0.1205 per share
- Dividend Growth: Consistent increases over the years, even through market downturns.
Why Consider STAG Industrial?
- Reliable Monthly Payouts: As a monthly dividend stock, STAG provides investors with steady, predictable cash flow.
- Strong Sector Tailwinds: The rise in online retail and warehousing demand fuels long-term growth for STAG’s industrial properties.
- Resilient Business Model: The company’s diversified tenant base ensures a stable stream of rental income, even in challenging economic times.
What’s Next?
With an ex-dividend date approaching on May 30, 2025, this is a great time for income-focused investors to get in before the next payout on June 10 2025. If you’re looking for a stock that offers both growth potential and consistent income, STAG Industrial is one to consider.
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