Stag Industrial has declared a third quarter common stock dividend of 27 cents per share, payable on Oct. 15, to all common stockholders of record on Sept. 28.

On an annualized basis, this common stock dividend equates to $1.08 per share, or an annual distribution rate of 7.5 percent, based on the company’s closing pricing on Aug. 2 of $14.40 per share.

Boston-based Stag, a real estate services company, also declared a Sept. 13 record date for the payment of the third quarter preferred stock dividend for its 9 percent series A cumulative redeemable preferred stock. The company confirmed that the dividend is 56 cents per share, which equates to $2.25 per share on an annualized basis and will be payable on Oct. 1.

Stag Industrial, Inc. is a fully integrated, full service real estate company focused on the acquisition, ownership and management of single-tenant industrial properties throughout the United States. STAG’s portfolio consists of 123 properties in 29 states with approximately 21 million rentable square feet.