By Elias Schisgall
Stag Industrial is raising its annual payout to shareholders by 4% as it switches to a quarterly dividend system.
The company said Thursday that it will pay a first-quarter dividend of 38.75 cents a share, payable on April 15 to shareholders of record as of March 31. It had previously issued monthly dividends.
The new yearly payout of $1.55 a share, up from $1.49, represents a 4.1% annual yield based on Thursday's closing price of $37.93.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
January 08, 2026 16:50 ET (21:50 GMT)
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