NNN REIT Dividend
Dividend criteria checks 6/6
NNN REIT is a dividend paying company with a current yield of 5.42% that is well covered by earnings. Next payment date is on 15th November, 2024 with an ex-dividend date of 31st October, 2024.
Key information
5.4%
Dividend yield
-2.7%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | 5.7% |
| Dividend Growth | 2.2% |
| Next dividend pay date | 15 Nov 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | €2.131 |
| Payout ratio | 70% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CZ2's dividends per share have been stable in the past 10 years.
Growing Dividend: CZ2's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NNN REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CZ2) | 5.4% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Retail REITs) | 5.6% |
| Analyst forecast (CZ2) (up to 3 years) | 5.7% |
Notable Dividend: CZ2's dividend (5.42%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: CZ2's dividend (5.42%) is in the top 25% of dividend payers in the German market (4.81%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.4%), CZ2's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68%), CZ2's dividend payments are covered by cash flows.