STAG - STAG Industrial: The Perfect Monthly-Paying REIT To Add To Your Portfolio For Income Reliability

2024-07-04 07:00:00 ET

Summary

• STAG Industrial is a top-quality REIT with a well-covered dividend and strong organic growth potential.
• The company showed strong growth in FFO and revenue as a result of their solid same-store cash NOI growth.
• STAG has a strong balance sheet, retained capital for growth, and a favorable valuation, making it a good entry point for long-term investors seeking income.
• STAG's conservative payout ratio along with its balance sheet also supports the company's ability to continue growing organically.
• The REIT has seen slower growth in comparison to peers Rexford Industrial and First Industrial, but pays a monthly dividend and has stronger total returns over the past 5 years.

Introduction

STAG Industrial ( STAG ) is a high-quality REIT that seems to be a favorite amongst dividend investors and for good reason. And although I don't own them, they remain a favorite and one I have been watching for a long time. I currently own two other monthly-paying REITs in my portfolio in Agree Realty ( ADC ) & Realty Income ( O )....

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