Dividends4Life: This 4.7% Yielding Top-Shelf REIT Just Raised Its Dividend By More Than 4%

Dividend Growth Stocks News

This company is a top-shelf income vehicle with a record of consistent dividend growth. Correction in the REIT sector has made it much more affordable. Strong portfolio stats and dividend coverage tilt the odds in favor of ongoing dividend growth. The REIT just handed shareholders a 4.4 percent raise. Entry yield: 4.7 percent.

National Retail Properties, Inc. (NNN) is a high-quality REIT with a diversified real estate portfolio and, importantly, a much more attractive and affordable valuation after the correction in the REIT sector in the last several months. National Retail Properties offers income investors an opportunity to capture long term FFO and dividend growth, and the real estate investment trust has just recently handed shareholders another dividend raise.

Source: Seeking Alpha

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