NNN / National Retail Properties: Lock In A 5.2% Quality Yield On The Dip

NNN REIT (NNN) came out with quarterly funds from operations (FFO) of $0.82 per share, beating the Zacks Consensus Estimate of $0.80 per share. This c more_horizontal

NNN REIT has dropped to levels seen a decade ago due to rising interest rates and stagnant growth rates. Management is guiding for just over 1% YoY gr more_horizontal

REITs and utility companies have been negatively impacted by higher yields and rising interest rates, with NEE recently sending the utility sector spi more_horizontal

NNN REIT faces challenges due to inflation, but it offers a 6% yield, a strong balance sheet, and dividend growth potential. Despite inflation concern more_horizontal

National Retail Properties has a strong track record with 33 consecutive years of dividend increases and a high credit rating. The company focuses on more_horizontal

NNN REIT's business model is built to withstand just about anything. The dividend payout ratio is manageable. more_horizontal

NNN REIT is a triple-net lease REIT with a conservative portfolio. The company has a long history of dividend increases. more_horizontal

NNN REIT, Inc. (NYSE:NNN ) Q2 2023 Earnings Conference Call August 2, 2023 10:30 AM ET Company Participants Stephen Horn - President, CEO & Director K more_horizontal