STAG Industrial (NYSE:STAG) has historically paid a robust monthly dividend, providing investors with a reliable stream of income. That said, the stock is hardly attractive other than for conservative income investors. While the company’s rock-solid property portfolio remains well-positioned to keep producing reliable cash flows, I expect dividend increases to remain marginal, potentially underperforming inflation. Thus, I believe that the stock is suitable only for conservative income investors. I am neutral on STAG.
STAG’s Property Portfolio Remains Well-Positioned
STAG’s portfolio appears well-positioned to keep producing robust cash flows, in my view. While STAG’s multi-year lease profile somewhat hampers its overall growth prospects, it provides notable visibility to rent collection. Combined with the mission-critical nature of these properties, STAG is…
