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STAG Industrial (NASDAQ:STAG) announced a monthly dividend on Wednesday, February 26th, AnalystRatings.Net reports. Shareholders of record on Wednesday, April 30th will be paid a dividend of 0.105 per share on Thursday, May 15th. This represents a $1.26 annualized dividend and a dividend yield of 5.49%. The ex-dividend date is Monday, April 28th.

STAG has been the subject of a number of recent research reports. Analysts at RBC Capital raised their price target on shares of STAG Industrial from $24.00 to $27.00 in a research note on Tuesday, February 18th. On a related note, analysts at Ladenburg Thalmann initiated coverage on shares of STAG Industrial in a research note on Friday, January 17th. They set a “buy” rating and a $25.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. upgraded shares of STAG Industrial from a “neutral” rating to an “overweight” rating in a research note on Thursday, January 16th. Six equities research analysts have rated the stock with a buy rating, STAG Industrial has an average rating of “Buy” and a consensus target price of $25.00.

STAG Industrial (NASDAQ:STAG) traded up 0.81% during mid-day trading on Wednesday, hitting $23.05. 154,018 shares of the company’s stock traded hands. STAG Industrial has a 1-year low of $18.76 and a 1-year high of $24.35. The stock’s 50-day moving average is $21.77 and its 200-day moving average is $20.91. The company’s market cap is $1.032 billion.

STAG Industrial (NASDAQ:STAG) last announced its earnings results on Wednesday, February 12th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.02. The company had revenue of $37.40 million for the quarter, compared to the consensus estimate of $35.84 million. During the same quarter in the previous year, the company posted $0.34 earnings per share. The company’s revenue for the quarter was up 39.2% on a year-over-year basis. On average, analysts predict that STAG Industrial will post $1.51 earnings per share for the current fiscal year.

STAG Industrial, Inc is an integrated, full-service real estate company focused on the acquisition, ownership and management of single-tenant industrial properties throughout the United States.

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