|Bid||30.06 x 2200|
|Ask||30.09 x 900|
|Day's Range||29.78 - 30.27|
|52 Week Range||17.54 - 34.50|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||36.90|
|Forward Dividend & Yield||1.44 (4.79%)|
|Ex-Dividend Date||Dec 30, 2020|
|1y Target Est||N/A|
Dividend stocks can be a great source of passive income. Three that currently offer recurring monthly payments are Canadian pipeline operator Pembina Pipeline (NYSE: PBA), industrial REIT STAG Industrial (NYSE: STAG), and farmland REIT Gladstone Land (NASDAQ: LAND).
On October 9, 2020, Stag Industrial (NYSE: STAG) announced shareholders can expect to receive a dividend payable on December 15, 2020. The stock will then go ex-dividend 1 business day(s) before the record date. Stag Industrial, whose current dividend payout is $0.12, has an ex-dividend date set at November 27, 2020. The payout equates to a dividend yield of 4.37% at current price levels.The Significance Of Ex-Dividend Dates An ex-dividend date signals when a company's shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.Understanding Stag Industrial's Dividend Payouts And Yields Over the past year, Stag Industrial has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on July 30, 2020 the company's payout was $0.12, which has returned to its value today. Stag Industrial's dividend yield last year was 4.93%, which has since decreased by 0.56%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.To read more news on Stag Industrial click here.See more from Benzinga * Click here for options trades from Benzinga * Understanding The Scotts Miracle Gro's Ex-Dividend Date * Analyzing Hubbell's Ex-Dividend Date(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
On today's call, the Company's prepared remarks and answers to your questions will contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements address matters that are subject to risks and uncertainties that may cause actual results to differ from those discussed today.