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STAG Industrial, Inc. Sets Record Date For Annual Stockholders' Meeting And Declares First Quarter Dividends For Its Preferred Stock And Second Quarter Dividends For Its Common Stock

BOSTON, Feb. 25, 2014 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG), a company focused on the acquisition, ownership, and management of single-tenant industrial properties throughout the United States, announced today that its Board of Directors has established March 7, 2014, as the record date for determining stockholders entitled to vote at the 2014 Annual Meeting of Stockholders. The meeting will be held at 10:00 a.m. on May 5, 2014, at the offices of DLA Piper LLP (US) at 33 Arch Street, 26th Floor, in Boston, Massachusetts.

STAG Industrial Logo.

The Company's Board of Directors also declared a March 14, 2014 record date for the payment of the first quarter preferred stock dividends for its 9.0% Series A Cumulative Redeemable Preferred Stock (NYSE: STAG Pr A) ("Series A Preferred") and its 6.625% Series B Cumulative Redeemable Preferred Stock (NYSE: STAG Pr B) ("Series B Preferred").  The Company confirmed that the dividend for the Series A Preferred is $0.5625 per share, which equates to $2.25 per share on an annualized basis, and the dividend for the Series B Preferred is $0.4140625 per share, which equates to $1.65625 per share on an annualized basis.  Both preferred stock dividends will be payable on March 31, 2014.

The Company's Board also declared a monthly dividend of $0.105 per share of common stock per month, which equates to $1.26 per share annually, for the months of April, May, and June.  The record and payment dates for the second quarter 2014 are as follows:

Month

Record Date

Payment Date




April

April 30, 2014

May 15, 2014




May

May 30, 2014

June 16, 2014




June

June 30, 2014

July 15, 2014

On an annualized basis, this common stock dividend equates to an annual distribution rate of 5.5%, based on the Company's closing pricing on February 25, 2014 of $22.97 per share.

About STAG Industrial, Inc.

STAG Industrial, Inc. is a full-service real estate company focused on the acquisition, ownership and management of single-tenant industrial properties throughout the United States. The Company's portfolio consists of 209 properties in 34 states with approximately 38.1 million rentable square feet.

For additional information, please visit the Company's website at www.stagindustrial.com.

Forward-Looking Statements

This press release, together with other statements and information publicly disseminated by STAG Industrial, Inc. (the "Company"), contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," "will," "expect," "intend," "anticipate," "estimate," "should," "project" or similar expressions. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the risk factors discussed in the Company's annual report on Form 10-K for the year ended December 31, 2012, as updated by the Company's quarterly reports on Form 10-Q. Accordingly, there is no assurance that the Company's expectations will be realized. Except as otherwise required by the federal securities laws, the Company disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

Logo: http://photos.prnewswire.com/prnh/20110907/NE63410LOGO

SOURCE STAG Industrial, Inc.

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