STAG Is No Hag, This REIT Still Has Plenty Of Swag -
STAG Industrial is an Industrial REIT that went public in 2011 (the predecessor was STAG Capital Partners that formed in 2004), and since that time, the company has grown from 105 buildings to 342 buildings in 37 states, with approximately 67.6 million rentable square feet.
- At some point a prudent investor may consider trimming shares.
- So when is a good time to hit the brakes?
- STAG insists on a more prudent strategy of delivering a combination of dividend safety AND dividend yield.
- If it ain't broke, there’s no need to fix it.
Back in November 2011, I wrote my very first article on STAG Industrial (STAG) and I summed up the Boston-based Industrial REIT as follows,
“Although the gold star SWAN (sleep well at night) acronym is only used for a select group of “dividend challengers”, I have identified a new acronym to consider called STAG Investing.”
So right out of the gate, I described STAG as the “Italian Stallion” in the Industrial REIT sector, and over the last few years (wow, almost 6 years), I have written dozens of articles on the company.