Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. STAG Industrial Inc. (NYSE:STAG) is a real estate investment trust that acquires, develops, owns, and operates single-tenant industrial properties across the U.S. It is set to report its Q3 2025 earnings on Oct. 29. Wall Street analysts expect the company to post EPS of $0.41, down from $0.60 in the prior-year period. According to Benzinga Pro, quarterly revenue is expected to reach $209.88 million, up fro ...

Accessibility StatementSkip Navigation BOSTON, Oct. 1, 2025 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that the Company will release its third quarter 2025 operating and financial results after market close on Wednesday, October 29, 2025. The Company will host its quarterly earnings conference call on Thursday, October 30, 2025, at 10:00 a.m. Eastern Time. The call can be accessed live over the phone toll-free by dialing (877) 407-4018, or for international callers, ( ...

Core Viewpoint - The article highlights four monthly dividend stocks that yield over 4% and have strong foundations for generating reliable passive income. Group 1: Agree Realty - Agree Realty is a REIT focused on single-tenant retail properties with stable rental income due to net leases [3][4] - The portfolio consists of high-quality tenants, with 67.8% having investment-grade credit ratings, in durable retail sectors [4] - The current dividend yield is 4.3%, with less than 75% of funds from operations (FFO) paid out as dividends, allowing for cash retention for further investments [5] - The company has a strong investment-grade balance sheet and plans to invest $1.4 billion to $1.6 billion this year, which is expected to grow FFO and dividends [6] Group 2: EPR Properties - EPR Properties is a REIT that invests in experiential real estate, such as movie theaters and attractions, generating stable rental income [7] - The company has a conservative payout ratio and balance sheet, allowing for annual investments of $200 million to $300 million [8] - Management identifies an investment opportunity exceeding $100 billion in experiential real estate and has committed $109 million for development projects over the next 18 months [9] Group 3: Main Street Capital - Main Street Capital is a business development company (BDC) providing debt and equity capital to lower-middle-market companies [10] - The company pays a monthly dividend yielding 4.9%, which increases to 6.9% with supplemental quarterly dividends [12] - Main Street Capital aims to steadily increase its monthly dividend and has raised it by 4.1% over the past year [12] Group 4: Stag Industrial - Stag Industrial is a REIT that owns industrial real estate, leasing properties under long-term agreements with rental escalation clauses [13] - The company pays out about 70% of its available free cash flow in dividends, retaining over $100 million annually for new investments [14] - Stag Industrial plans to acquire between $350 million and $650 million in properties this year and has consistently increased its dividend since its IPO in 2011 [15] Group 5: Summary of Monthly Dividend Stocks - Agree Realty, EPR Properties, Main Street Capital, and Stag Industrial all offer monthly dividends with yields above 4%, supported by stable cash flows and strong financial profiles [16] - All four companies expect to continue increasing their monthly dividends, enhancing their attractiveness for passive income investors [16]

STAG Industrial, Inc. (NYSE:STAG) is included among the 10 Safest Monthly Dividend Stocks to Buy. Safest Monthly Dividend Stocks: The Case for STAG Industrial (STAG) in Your Portfolio Image by Steve Buissinne from Pixabay STAG Industrial, Inc. (NYSE:STAG) owns and manages a nationwide portfolio of warehouses and light industrial properties, leasing them out to a broad mix of tenants. STAG Industrial, Inc. (NYSE:STAG)’s expansion strategy is built on carefully acquiring individual properties in key logi ...

Core Insights - STAG Industrial, Inc. is a popular industrial REIT among retail investors due to its monthly dividend payments, which attract many individuals [1] - The company has a modest dividend growth record, indicating a stable but slow increase in dividend payouts [1] Company Overview - STAG Industrial focuses on providing steady income through its dividend payments, which are a key component of its appeal to investors [1] - The company operates in the industrial real estate sector, which has been a focus for many investors seeking reliable income streams [1] Investment Strategy - The article emphasizes the importance of dividend investing as a straightforward path to achieving financial freedom, highlighting its accessibility for individual investors [1] - The author shares insights from their extensive experience in M&A and business valuation, which informs their investment approach [1]

Group 1 - STAG Industrial, Inc. announced the promotion of Steven T. Kimball to Chief Operating Officer effective August 1, 2025 [1] - Kimball has been with the company since early 2023 and has played a key role in building a scalable operating platform and enhancing tenant experience [2] - Prior to his promotion, Kimball served as Executive Vice President—Real Estate Operations and has extensive experience in industrial real estate [2][3] Group 2 - As of June 30, 2025, STAG Industrial's portfolio includes 600 buildings across 41 states, totaling approximately 118.3 million rentable square feet [4]

Company Overview - STAG Industrial (NYSE: STAG) is a Real Estate Investment Trust (REIT) that focuses on owning and operating industrial properties across the United States [1] Stock Performance - The stock has experienced a decline over the past year due to the prevailing market environment [1] Analyst Background - The analyst has over 10 years of experience researching companies, having analyzed more than 1000 companies across various sectors including commodities and technology [1]

Financial Data and Key Metrics Changes - Core FFO per share was $0.53 for the quarter, an increase of 3.3% compared to last year [13] - Leverage remains low with net debt to annualized run rate adjusted EBITDA equal to 5.1 times [13] - Liquidity stood at $961 million at quarter end [13] Business Line Data and Key Metrics Changes - The company leased 90.8% of the operating portfolio square feet expected to lease in 2025, achieving cash leasing spreads of 24.5% [7][14] - Same store cash NOI growth was 3% for the quarter and 3.2% year to date, driven by leasing spreads of 26.1% and annual escalators of 2.9% [15] - Retention for the quarter was 75.3% [14] Market Data and Key Metrics Changes - The Midwest markets, including Minneapolis, Milwaukee, Louisville, Detroit, and Cleveland, are performing well, while bulk distribution markets like Indianapolis, Columbus, and Memphis are lagging [22] - The transaction market is showing signs of improvement, with an uptick in underwritten deals [8][9] Company Strategy and Development Direction - The company is focusing on its development initiative, with approximately 3 million square feet of development activity across 12 buildings in the US, 42% of which is under construction [10][11] - The company aims to maintain flexibility in building designs to accommodate both multi-tenant and single-tenant leases [75][76] Management's Comments on Operating Environment and Future Outlook - Management noted a shift in the market from uncertainty to a more stable environment, with businesses continuing to grow despite challenges [7] - The company expects cash leasing spreads to be between 23-25% for the year [14] - Management expressed optimism about the acquisition market, indicating a narrowing bid-ask spread and increased activity [38][56] Other Important Information - Moody's upgraded the company's corporate credit rating to BAA2 with a stable outlook [15] - The company funded $550 million of fixed-rate senior unsecured notes with a weighted average fixed interest rate of 5.65% [16] Q&A Session Summary Question: What markets are seeing better early signs of recovery? - Management highlighted strong performance in the Midwest markets and Nashville, while noting weaker performance in bulk distribution markets [21][22] Question: How is the transaction market evolving? - Management indicated that the transaction market is becoming more active, with a focus on user sales and attractive cap rates [25][26] Question: What is the status of the leasing and demand in the portfolio? - Management noted that leasing times have increased to an average of nine to twelve months, with some larger buildings experiencing higher vacancy rates [29][30] Question: How is the acquisition pipeline structured? - The acquisition pipeline consists of over 60% one-off assets, with a cautious optimism for an active second half of the year [37][38] Question: What are the implications of the recent credit upgrade? - The credit upgrade may provide modest benefits in the private placement market and positions the company for potential public bond issuance [40][41] Question: How is the development pipeline performing? - The development pipeline is segmented into in-service, complete but not in service, and under construction, with varying leasing activity across these categories [49][50] Question: What are the fundamentals in Nashville? - Nashville is characterized by balanced demand in manufacturing and distribution, with regulated supply contributing to a healthy market [77][79]

Financial Data and Key Metrics Changes - Core FFO per share was $0.53 for the quarter, an increase of 3.3% compared to last year [13] - Leverage remains low with net debt to annualized run rate adjusted EBITDA equal to 5.1 times [13] - Liquidity stood at $961 million at quarter end [13] Business Line Data and Key Metrics Changes - The company leased 90.8% of the operating portfolio square feet expected to lease in 2025, achieving cash leasing spreads of 24.5% [7][14] - Same store cash NOI growth was 3% for the quarter and 3.2% year to date, driven by leasing spreads of 26.1% and annual escalators of 2.9% [15] - Retention for the quarter was 75.3% [14] Market Data and Key Metrics Changes - The Midwest markets, including Minneapolis, Milwaukee, Louisville, Detroit, and Cleveland, are performing well, while bulk distribution markets like Indianapolis, Columbus, and Memphis are lagging [22] - The transaction market is showing signs of improvement, with an uptick in underwritten deals [8][39] Company Strategy and Development Direction - The company is focusing on its development initiative, with approximately 3 million square feet of development activity across 12 buildings in the U.S., 42% of which is under construction [10][11] - The company aims to maintain flexibility in building designs to accommodate both multi-tenant and single-tenant leases [75][76] Management's Comments on Operating Environment and Future Outlook - Management noted that while the environment is not "business as usual," companies are making space decisions amid ongoing uncertainties [7] - The company has seen a shift in market sentiment, with businesses continuing to grow despite tariff uncertainties [8] - Management expressed optimism about the second half of the year, citing a healthy deal pipeline and improved transaction activity [9][39] Other Important Information - Moody's upgraded the company's corporate credit rating to BAA2 with a stable outlook [15] - The company funded $550 million of fixed-rate senior unsecured notes with a weighted average fixed interest rate of 5.65% [16] Q&A Session Summary Question: What markets are seeing better early signs of recovery? - Management highlighted strong performance in the Midwest markets and noted some weaker bulk distribution markets [21][22] Question: How is the transaction market evolving? - Management indicated that the transaction market is becoming more active, with a narrowing bid-ask spread and more one-off transactions being completed [39] Question: What is the status of the development pipeline? - Management provided insights into the leasing status of various developments, indicating strong demand in certain markets [50][51] Question: How is the company planning to finance upcoming deals? - Management discussed the refinancing of a $300 million term loan and the use of liquidity for potential acquisitions [45][47] Question: What are the trends in rental escalators? - The company reported a weighted average rental escalator of 2.9%, with expectations for gradual increases [65][66]

Financial Data and Key Metrics Changes - Core FFO per share was $0.53 for the quarter, an increase of 3.3% compared to last year [12] - Leverage remains low with net debt to annualized run rate adjusted EBITDA equal to 5.1 times [12] - Liquidity stood at $961 million at quarter end [12] - Same store cash NOI growth was 3% for the quarter and 3.2% year to date [14] Business Line Data and Key Metrics Changes - The company leased 90.8% of the operating portfolio square feet expected to lease in 2025, achieving cash leasing spreads of 24.5% [6][13] - During the quarter, 32 leases totaling 4.2 million square feet were commenced, generating cash and straight line leasing spreads of 24.6% and 41.1% respectively [12] - Retention for the quarter was 75.3% [13] Market Data and Key Metrics Changes - The Midwest markets, including Minneapolis, Milwaukee, Louisville, Detroit, and Cleveland, are performing well, while bulk distribution markets like Indianapolis, Columbus, and Memphis are lagging [22] - The transaction market is showing signs of improvement, with an uptick in underwritten deals observed in the last three weeks [7][56] Company Strategy and Development Direction - The company is focusing on its development initiative, with approximately 3 million square feet of development activity across 12 buildings in the US, 42% of which is under construction [9][10] - The company aims to maintain flexibility in building designs to accommodate both multi-tenant and single-tenant leases [77][78] Management's Comments on Operating Environment and Future Outlook - Management noted that while the environment is not back to normal, businesses are making decisions in an uncertain environment, indicating a shift from the previous pause [6] - The company expects cash leasing spreads to be between 23% and 25% for the year [13] - Management expressed optimism about the acquisition market improving, with a narrower bid-ask spread between buyers and sellers [40][56] Other Important Information - Moody's upgraded the company's corporate credit rating to BAA2 with a stable outlook [14] - The company funded $550 million of fixed rate senior unsecured notes with a weighted average fixed interest rate of 5.65% [15] Q&A Session Summary Question: What markets are seeing better early signs of recovery? - Management highlighted strong performance in the Midwest markets and noted some weaker bulk distribution markets [22] Question: Can you discuss the competition from well-funded users? - Management acknowledged that competition from large users is impacting net absorption positively, as it takes some vacancy out of the market [25] Question: What is the status of the acquisition pipeline? - The pipeline consists of 60% one-off assets, 20-30% portfolios, and some development deals, with an active second half of the year anticipated [39][40] Question: How is the company planning to finance upcoming deals? - The company has approximately $1 billion in liquidity and is in the process of refinancing a $300 million term loan due early next year [49][47] Question: What is the status of the development pipeline? - The development pipeline is segmented into in-service, complete but not in service, and under construction, with varying leasing activity across these categories [51][52] Question: How are embedded rent bumps trending? - The weighted average rental escalator across the portfolio is currently 2.9%, with expectations for it to increase as new leases are signed [67]