SRET - National Retail Properties: A Dividend Aristocrat With A 4.9% Yield
- NNN is a dividend aristocrat, with a 32-year streak of dividend hikes.
- The valuation is near fair value, with a price/FFO of 14.8x.
- I break down NNN, and why I prefer a couple of competitors in the net lease REIT space.
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National Retail Properties: A Dividend Aristocrat With A 4.9% Yield