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NNN - NNN: Good Diversification Good Debt Profile And Good Valuation
National Retail Properties
2024-04-27 02:09:09 ET
Summary
NNN REIT Inc. has taken a hit on its valuation due to the current macroeconomic environment and high interest rates.
NNN offers a 5%+ dividend yield with a conservative payout ratio.
Despite the decline in stock price, NNN has a strong and well-diversified portfolio, good debt management, and an attractive valuation, making it a buy.