Boston-based Stag Industrial Inc., a real estate company focused on industrial properties, has declared a second quarter common stock dividend of 30 cents per share, payable on July 15 to all common stockholders of record on June 28.

On an annualized basis, this common stock dividend equates to $1.20 per share, or an annual distribution rate of 5.4 percent, based on the company’s closing pricing on May 6 of $22.09 per share.

The company’s board of directors also declared a June 14 record date for the payment of the second quarter preferred stock dividends for its 9 percent Series A Cumulative Redeemable Preferred Stock and its 6.625 percent Series B Cumulative Redeemable Preferred Stock.  The Company confirmed that the dividend for the Series A Cumulative Redeemable Preferred Stock is 56 cents per share, which equates to $2.25 per share on an annualized basis, and the dividend for the Series B Cumulative Redeemable Preferred Stock is 35 cents per share, which equates to $1.66 per share on an annualized basis.  Both preferred stock dividends will be payable on July 1.