This High-Yielding Dividend Stock Has Made Investors a Lot Richer Over the Years
NNN REIT (NYSE: NNN) has been a wealth-building machine over the years. The real estate investment trust (REIT) has increased its high-yielding dividend (currently 5.8%) for 35 straight years. That steadily rising income stream has enabled the REIT to deliver strong total returns over the past few decades. Its total shareholder return has averaged 11.1% annually during the last 30 years, exceeding the S&P 500's (SNPINDEX: ^GSPC) 10.5% return. That has enabled the REIT to grow a $1,000 investment made three decades ago into over $23,400. Here's a closer look at this enriching REIT.Continue reading
NNN REIT (NYSE: NNN) has been a wealth-building machine over the years. The real estate investment trust (REIT) has increased its high-yielding dividend (currently 5.8%) for 35 straight years. That steadily rising income stream has enabled the REIT to deliver strong total returns over the past few decades.
Its total shareholder return has averaged 11.1% annually during the last 30 years, exceeding the S&P 500's (SNPINDEX: ^GSPC) 10.5% return. That has enabled the REIT to grow a $1,000 investment made three decades ago into over $23,400.
Here's a closer look at this enriching REIT.
