NNN - NNN REIT: High And Stable Income At A Low Price
2024-07-02 11:36:27 ET
Summary
- NNN REIT's dividend yield is attractive at 5.35%, there is more than adequate coverage, and it has been increasing distributions for 33 years.
- The portfolio is very widely diversified and net leases provide stable long-term income which makes the shares a good fit for dividend portfolios.
- Though there are some risks, the prospects outweigh them because of the currently low price NNN is trading at in relation to the AFFO expectations.
NNN REIT, Inc. ( NNN ), incorporated in 1984 and headquartered in Orlando, FL, net-leases retail properties all over the country....
NNN REIT: High And Stable Income At A Low Price