BOSTON, Jan. 12, 2018 /PRNewswire/ -- STAG
Industrial, Inc. (the "Company") (NYSE:STAG), a real estate
investment trust (REIT) focused on the acquisition and operation of
single-tenant, industrial properties throughout the United States, today announced the tax
treatment of its 2017 distributions to holders of its common and
preferred stock.
For holders of the Company's common stock, the 2017 dividend
includes one monthly distribution declared in 2016 and paid in
2017, and 11 monthly distributions declared and paid in 2017. 69%
of the common stock dividend was taxable in 2017. The tax
treatment for the common stock dividend is detailed in the investor
relations section on the Company's website and is summarized as
follows:
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TAX TREATMENT OF
2017 COMMON DISTRIBUTIONS
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Record
Date
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Ex-Dividend
Date
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Payable
Date
|
Total
Distribution
Per Share
|
2017 Ordinary
Taxable Dividends
|
2017 Capital
Gain
Distribution
|
2017
Unrecaptured
Section 1250 Gain
|
2017 Return of
Capital Per Share
|
12/30/16
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12/28/16
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01/17/17
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$0.115833
|
$0.079692
|
$0.000000
|
$0.000000
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$0.036141
|
01/31/17
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01/27/17
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02/15/17
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$0.116667
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$0.080266
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$0.000000
|
$0.000000
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$0.036401
|
02/28/17
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02/24/17
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03/15/17
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$0.116667
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$0.080266
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$0.000000
|
$0.000000
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$0.036401
|
03/31/17
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03/29/17
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04/17/17
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$0.116667
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$0.080266
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$0.000000
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$0.000000
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$0.036401
|
04/28/17
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04/26/17
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05/15/17
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$0.116667
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$0.080266
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$0.000000
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$0.000000
|
$0.036401
|
05/31/17
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05/26/17
|
06/15/17
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$0.116667
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$0.080266
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$0.000000
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$0.000000
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$0.036401
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06/30/17
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06/28/17
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07/17/17
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$0.116667
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$0.080266
|
$0.000000
|
$0.000000
|
$0.036401
|
07/31/17
|
07/27/17
|
08/15/17
|
$0.117500
|
$0.080839
|
$0.000000
|
$0.000000
|
$0.036661
|
08/31/17
|
08/29/17
|
09/15/17
|
$0.117500
|
$0.080839
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$0.000000
|
$0.000000
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$0.036661
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09/29/17
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09/28/17
|
10/16/17
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$0.117500
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$0.080839
|
$0.000000
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$0.000000
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$0.036661
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10/31/17
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10/30/17
|
11/15/17
|
$0.117500
|
$0.080839
|
$0.000000
|
$0.000000
|
$0.036661
|
11/30/17
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11/29/17
|
12/15/17
|
$0.117500
|
$0.080839
|
$0.000000
|
$0.000000
|
$0.036661
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12/29/17
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12/28/17
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01/16/18
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$0.117500
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The December 2017 monthly dividend
that was declared on August 1, 2017
and paid on January 16, 2018 of
$0.1175 per share will be considered
a distribution made in 2018 for U.S. federal income tax
purposes.
For holders of the Company's preferred stock, all 2017 dividends
were classified as ordinary income.
About STAG Industrial, Inc.
STAG Industrial, Inc. is a real estate investment trust (REIT)
focused on the acquisition and operation of single-tenant,
industrial properties throughout the
United States. The Company's portfolio consists of 347
properties in 37 states with approximately 69 million rentable
square feet.
For additional information, please visit the Company's website
at www.stagindustrial.com.
Forward-Looking Statements
This press release, together with other statements and
information publicly disseminated by the Company, contains certain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. The Company intends
such forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995 and includes this
statement for purposes of complying with these safe harbor
provisions. Forward-looking statements, which are based on certain
assumptions and describe the Company's future plans, strategies and
expectations, are generally identifiable by use of the words
"believe," "will," "expect," "intend," "anticipate," "estimate,"
"should," "project" or similar expressions. You should not rely on
forward-looking statements since they involve known and unknown
risks, uncertainties and other factors that are, in some cases,
beyond the Company's control and which could materially affect
actual results, performances or achievements. Factors that may
cause actual results to differ materially from current expectations
include, but are not limited to, the risk factors discussed in the
Company's annual report on Form 10-K for the year ended
December 31, 2016 as updated by the
Company's quarterly reports on Form 10-Q. Accordingly, there is no
assurance that the Company's expectations will be realized. Except
as otherwise required by the federal securities laws, the Company
disclaims any obligation or undertaking to publicly release any
updates or revisions to any forward-looking statement contained
herein (or elsewhere) to reflect any change in the Company's
expectations with regard thereto or any change in events,
conditions or circumstances on which any such statement is
based.
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SOURCE STAG Industrial, Inc.