NNN REIT, Inc. (NNN)
Got $5,000? These 3 High-Yield Dividend Stocks Could Turn It Into a Nearly $250 Yearly Passive Income Stream.
Oneok has delivered over 25 years of dividend stability. AT&T's high-yielding payout is growing more sustainable each quarter.
Seeking Stability? NNN REIT Will Do The Job, But I Have One Concern
NNN REIT remains a 'buy' for stability-seeking investors due to its strong track record and attractive risk-to-reward ratio, despite limited upside potential. The Company is undervalued based on its P/FFO multiple. However, the slight discount is justified due to low investment volume. NNN's investment volume lags behind peers like ADC and EPRT, which negatively impacts its growth prospects.
This 5%-Yielding Real Estate Stock Raised Its Dividend in Each of the Past 4 Recessions
NNN REIT has increased its dividend for 35 straight years. The real estate investment trust has a very durable portfolio of net leased retail properties.
NNN REIT: Diverse REIT With Well-Supported Dividend
NNN REIT offers exposure to a diverse tenant portfolio that has maintained a high occupancy rating over the last two decades. The current dividend yield sits at 5% and offers a large margin of safety with FFO covering the dividend by 143%. NNN's recent earnings report shows strong FFO and continued investments in new properties to grow their overall portfolio and annualized base rent.
NNN REIT, Inc. (NNN) Q2 2024 Earnings Call Transcript
NNN REIT, Inc. (NYSE:NNN ) Q2 2024 Earnings Conference Call August 1, 2024 10:30 AM ET Company Participants Steve Horn - Chief Executive Officer Kevin Habicht - Chief Financial Officer Conference Call Participants Spenser Allaway - Green Street Farrell Granath - Bank of America Kathryn Graves - UBS John Massocca - B. Riley Ronald Kamdem - Morgan Stanley Operator Greetings, and welcome to NNN REIT Inc. Second Quarter 2024 Earnings Call.
NNN REIT (NNN) Q2 FFO and Revenues Top Estimates
NNN REIT (NNN) came out with quarterly funds from operations (FFO) of $0.84 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to FFO of $0.80 per share a year ago.
NNN REIT: Here's What To Expect From Upcoming Earnings Release
NNN is a triple net lease REIT with 3,546 properties leased to 385 tenants across 49 states. Its close peers, ADC and EPRT released solid Q2 2024 results, which make me optimistic about the upcoming release of NNN. I expect more investment activity, upheld / slightly improved business metrics, positive investment spreads, and a continually strong balance sheet.
Forget Annaly Capital Management -- These Unstoppable Stocks Are Better Buys
Annaly Capital has cut its dividend several times in the past (and could do so again in the future). NNN REIT recently hit another dividend growth milestone.
Good Times? Bad Times?
Being risk averse when it comes to money is extremely normal. Tap into defensive sources of income. You can unlock high yields, all while protecting your capital. We look at highly defensive REITs.
2 High Yield Dividend Stocks For Income: One Yields More Than 5%
I will introduce you to two high dividend yield companies that could be attractive additions to your dividend portfolio. Both companies unify dividend income and dividend growth, are financially healthy, and could be important key positions in your dividend portfolio. However, to reduce the company-specific concentration risk of your investment portfolio, I suggest setting an allocation limit of 2.5% for one and 4% for the other.
2 REITs Attractively Priced With Well-Covered, Growing Dividends Not Named Realty Income
NNN REIT offers a well-covered dividend with potential for growth, outperforming Realty Income in total returns over the past 5 years. W.P. Carey, despite a reduction in dividend, remains solid with strong fundamentals and potential for growth, offering an attractive entry point. Both NNN REIT and W.P. Carey trade at attractive valuations with strong upside potential and well-covered dividends for passive income investors.
2 Dividend Payers Trading At Attractive Valuations For The Long-Term Investor
There has been a lack of broader market participation, leaving some areas of the market at better valuations than others. One of the areas that has been under particular pressure is the real estate/REIT space. These struggles are due to the higher rate environment, but income-investors with longer-term investment horizons may find some opportunities.
