Elevating Investor Returns: NNN REIT Delivers Strong Performance and Growing Profits
Portfolio Pulse from Benzinga Insights
NNN REIT (NYSE:NNN) announced a dividend payout of $0.56 per share with an annualized yield of 6.34%. The ex-dividend date was October 30, 2023, and the dividend is payable on November 15, 2023. The company has shown a positive trend in dividend per share growth from $2.03 in 2019 to $2.16 in 2022, and earnings per share growth from $2.68 to $3.10 over the same period, indicating financial health and potential for future dividend increases.
November 15, 2023 | 3:05 pm
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POSITIVE IMPACT
NNN REIT has declared a dividend of $0.56 per share with a 6.34% yield, showing a positive trend in dividend and earnings growth from 2019 to 2022.
The announcement of a consistent dividend payout and the historical increase in dividends and earnings per share suggest a strong financial position for NNN REIT. This is likely to be viewed positively by investors, especially those seeking income, and could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100