Boston-based Stag Industrial Inc. has declared a fourth quarter common stock dividend of 27 cents per share payable on Jan. 15, 2013 to all common stockholders of record on Dec. 31.

On an annualized basis, the common stock dividend equates to $1.08 per share, or an annual distribution rate of 6.3 percent, based on the company’s closing pricing on Nov. 2 of $17.20 per share.

The board of directors also declared a Dec. 14 record date for the payment of the fourth quarter preferred stock dividend for its 9 percent Series A Cumulative Redeemable Preferred Stock. That dividend is 56 cents per share, or $2.25 per share on an annualized basis, and will be payable on Dec. 31.