2024-02-20 04:21:19 ET
Summary
- NNN REIT is a blue-chip net lease REIT with a 30+ year track record of growing its bottom line and dividend.
- NNN owns a portfolio of small assets, generating steady cash flows, comparable to Realty Income.
- The company reported solid Q4 results, with revenues beating expectations, and has a nearly fully leased portfolio with low occupancy and collection risk.
Dear readers,
NNN REIT ( NNN ) is a blue chip net lease REIT with an impressive 30+ year track-record of growing its bottom line as well as its dividend. In fact, the company is one of only a handful of REITs that hold the dividend Aristocrat title, with 34 years of consecutive dividend increases. Not only that, but NNN also owns an impressive portfolio of small (<$5 Million on average) assets which generates very steady cash flows and rivals the best in the sector, such as that of Realty Income ( O ). If you're an income investor, I encourage you to check out NNN....
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For further details see:
NNN REIT: A Better Source Of Income Than Money Markets