There is nothing wrong with a company that pays investors a six percent dividend yield, especially if it pays the dividend on a monthly basis. But though a six percent yield is enticing, the price investors pay must also be considered. What company am I writing about? Monthly dividend powerhouse and industrial real estate investment trust Stag Industrial, Inc. (NYSE:STAG).
Stag Industrial makes for an interesting case study. You know, at the beginning of the year, when stock markets went into a tailspin and equity valuations crashed to new 52-week lows on concerns of widespread defaults in the energy sector thanks to slumping crude prices, few investors wanted to buy Stag Industrial.
