Beat the S&P 500 With This Cash-Gushing Dividend Stock
Stag Industrial (NYSE: STAG) is a relatively new company, launched a dozen years ago to acquire and operate single-tenant industrial properties across the U.S. Good timing.
The Boston-based real estate investment trust (REIT) was, of course, jumping on the logistics space bandwagon from the get-go, but then it went along for the ride when the pandemic threw gasoline on the smoldering fire.
Demand soared for supply chain space for business-to-business and business-to-consumer shipping, and grew further with the shift from just-in-time to just-in-case manufacturing and warehousing. And the trend of high occupancy and rising rents appears to be continuing domestically and globally.
Image source: Getty Images.
Source Fool.com
STAG Industrial Inc. Stock
€31.87
-1.360%
Our community is currently high on STAG Industrial Inc. with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 37 € shows a slightly positive potential of 16.1% compared to the current price of 31.87 € for STAG Industrial Inc..
