This Is My Favorite Dividend Stock Right Now

As an income investor, it's no surprise that my portfolio is made up of mostly dividend stocks. To me, the growing power of dividend stocks and their ability to create long-term passive income streams simply can't be beaten. Three decades of dividend growth is just one reason I love this dividend stock.

While there are loads of top-notch dividend stocks for investors to choose from, here's why National Retail Properties (NNN) is my favorite right now. National Retail Properties doesn't lease properties to investment-grade tenants, at least not directly. Instead, it buys retail property in high-traffic areas in strong real estate markets that are leased to smaller, regional operators. This gives the company more favorable pricing when buying and it faces less competition. It's also managed to outperform the S&P 500 over the past 25 years, providing a nearly 11% annualized total return.

Source: Motley Fool

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