STAG - STAG Industrial's 4% Yield Is Worth Scooping Up

2024-06-09 10:36:37 ET

Summary

• STAG Industrial is experiencing undeserved stock price weakness, making it a compelling long-term investment for passive income portfolios.
• The company comfortably covers its dividend with funds from operations and has a low payout ratio, with potential for growth in the industrial market.
• With a reasonable FFO multiple and a focus on acquisitions, the dividend is expected to continue growing.

STAG Industrial ( STAG ) is seeing undeserved stock price weakness as of late, which makes the industrial real estate investment trust compelling as a long-term anchor investment in a passive income portfolio, in my view....

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