BNL - Broadstone Net Lease Is A Bargain At 7.4% Yield
2024-03-29 08:10:00 ET
Summary
- Broadstone Net Lease has a portfolio that's tilted towards industrial properties and offers an appealing 7.4% dividend yield.
- BNL has a long weighted-average lease term of 10.5 years and a high leased rate of 99.4%.
- The company is undergoing a portfolio transformation to reduce its exposure to healthcare and increase its focus on industrial properties.
Investing doesn't have to be a popularity contest, and in reality, buying quality names that are temporarily beaten down in price can produce terrific results, especially if they pay a high dividend yield....
Broadstone Net Lease Is A Bargain At 7.4% Yield