WPC - Forget National Retail Properties: Here Are 3 Better Dividend Stocks
When it comes to net lease real estate investment trusts (REITs), few can match National Retail Properties ' (NYSE: NNN) more-than-three-decade streak of annual dividend increases. But it only owns retail properties, and during the depths of the COVID-19 economic shutdown, that led to nearly 50% of its rent roll not paying.
National Retail Properties will likely be fine. However, investors who want this type of business in their portfolios -- but who are worried about that number -- might want to look instead at some of its more diversified peers like STORE Capital (NYSE: STOR) , VEREIT (NYSE: VER) , and W.P. Carey (NYSE: WPC) .
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Forget National Retail Properties: Here Are 3 Better Dividend Stocks