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BOSTON, Jan. 21, 2025 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE: STAG) today announced the tax treatment of its 2024 dividends to holders of its common stock.
The tax treatment for the common stock dividend is detailed in the investor relations section on the Company's website and is summarized below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment.
| TAX TREATMENT OF 2024 COMMON DISTRIBUTIONS | |||||||
| CUSIP # 8524J 102 | | | | | | | |
| Ticker Symbol: STAG | | | | | | | |
| Record Date | Payable Date | Total Distribution | 2024 Ordinary | 2024 Capital Gain | 2024 Unrecaptured | 2024 Return of | Section 199A |
| 12/29/23 | 01/16/24 | $0.106655 | $0.095919 | $0.003192 | $0.003192 | $0.007544 | $0.095919 |
| 01/31/24 | 02/15/24 | $0.123333 | $0.110918 | $0.003691 | $0.003691 | $0.008724 | $0.110918 |
| 02/29/24 | 03/15/24 | $0.123333 | $0.110918 | $0.003691 | $0.003691 | $0.008724 | $0.110918 |
| 03/28/24 | 04/15/24 | $0.123333 | $0.110918 | $0.003691 | $0.003691 | $0.008724 | $0.110918 |
| 04/30/24 | 05/15/24 | $0.123333 | $0.110918 | $0.003691 | $0.003691 | $0.008724 | $0.110918 |
| 05/31/24 | 06/17/24 | $0.123333 | $0.110918 | $0.003691 | $0.003691 | $0.008724 | $0.110918 |
| 06/28/24 | 07/15/24 | $0.123333 | $0.110918 | $0.003691 | $0.003691 | $0.008724 | $0.110918 |
| 07/31/24 | 08/15/24 | $0.123333 | $0.110918 | $0.003691 | $0.003691 | $0.008724 | $0.110918 |
| 08/30/24 | 09/16/24 | $0.123333 | $0.110918 | $0.003691 | $0.003691 | $0.008724 | $0.110918 |
| 09/30/24 | 10/15/24 | $0.123333 | $0.110918 | $0.003691 | $0.003691 | $0.008724 | $0.110918 |
| 10/31/24 | 11/15/24 | $0.123333 | $0.110918 | $0.003691 | $0.003691 | $0.008724 | $0.110918 |
| 11/29/24 | 12/16/24 | $0.123333 | $0.110918 | $0.003691 | $0.003691 | $0.008724 | $0.110918 |
| 12/31/24 | 01/15/25 | | | | | | |
| Total | | $1.463318 | $1.316017 | $0.043793 | $0.043793 | $0.103508 | $1.316017 |
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| (1) The amount reported as Unrecaptured Section 1250 Gain is a subset of, and is included in, the Capital Gain Distribution. | |||||||
| (2) The amount reported as Ordinary Taxable Dividends is treated as a qualified REIT dividend for purposes of Section 199A. | |||||||
| (3) The Section 897 Capital Gain amount is equal to 100% of the total Capital Gain Distribution to shareholders for tax year ended December 31, 2024. | |||||||
| (4) Pursuant to Treasury Regulation §1.1061-6(c), STAG Industrial, Inc. is disclosing additional information related to the Capital Gain Distributions reported | |||||||
| on Form 1099-DIV, for purposes of Section 1061. Section 1061 is generally applicable to direct and indirect holders of "applicable partnership interests." The | |||||||
| One Year Amounts and "Three Year Amounts" required to be disclosed are both zero with respect to the 2024 distributions, since all capital gain dividends | |||||||
| relate to Section 1231 gains. | |||||||
The Company did not incur any foreign taxes in 2024. The December 2023 monthly common stock dividend that was declared on October 11, 2023, and paid on January 16, 2024, of $0.122500 per share will be considered a dividend partially attributable to 2023 and 2024 for U.S. federal income tax purposes. The December 2024 monthly common stock dividend that was declared on October 9, 2024, and paid on January 15, 2025, of $0.123333 per share will be considered a dividend attributable to 2025 for U.S. federal income tax purposes.