STAG Industrial Q2 FY26 net income rises 5.8% to $52.88 million - STAG News | RalliesSTAG Industrial Q2 FY26 net income rises 5.8% to $52.88 million
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STAG• Acquisitions and dividend
- The company acquired seven buildings for $287.1 million.
- The board declared a $0.3875 per-share Q3 dividend, payable Oct. 15.
Q2 results and operating metrics
- STAG Industrial posted Q2 net income attributable to common stockholders of $52.88 million, up 5.8%, with GAAP EPS of $0.28.
- GAAP revenue rose to $224.37 million; cash net operating income increased 6.5% to $172.22 million.
- Non-GAAP core FFO climbed 6% to $127.71 million, with core FFO per diluted share of $0.65, up 3.2%.
- Same-store cash NOI gained 3.4% to $158.81 million; occupancy was 94.5% for the total portfolio as of June 30.
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