How do 4% yield and big players like Amazon shape the future of this company?
Warehouses, distribution centers, and regular monthly dividend payments all combine to make this industrial real estate firm that already owns more than 570 properties across America. Thanks to long-term lease agreements with major clients such as Amazon, the company has secured stable income that allows it to pay regular dividends of 4%.
In addition to stable cash flow and dividends, the company is focused on growing and expanding its portfolio, responding to the growing demand for logistics space as part of the e-commerce and automation trends. Which company is it? 👇
Company introduction
Stag Industrial $STAG is an American real estate investment trust (REIT) that specializes in the ownership and management of industrial real estate in the United States. The company was founded in 2010 and has since focused on acquiring and managing single-story industrial properties, particularly warehouses and distribution centers. Its name is an acronym for "Single Tenant Acquisition Group,"…