NYSE:NNNRetail REITs
NNN REIT Dividend Affirmed As Long-Term Income Appeal Evaluated
NNN REIT (NYSE:NNN) has affirmed its quarterly dividend, maintaining its current payout to shareholders.
The company continues its 36-year streak of consecutive annual dividend growth.
Management points to rent growth and new acquisitions as key supports for the dividend policy.
NNN REIT focuses on single tenant, net lease retail properties, which are generally built around long term leases and predictable rental streams. For income focused investors, the reaffirmed dividend and long...