5 Real Estate Dividend Stocks to Buy in August 2021

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In this article, we will be looking at 5 real estate dividend stocks to buy in August 2021. If you want to see our detailed analysis of the real estate industry, you can go directly to the 10 Real Estate Dividend Stocks to Buy in August 2021.

5. National Retail Properties, Inc. (NYSE: NNN)

Number of Hedge Fund Holders: 22
Dividend Yield: 4.4%

National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust company that specializes in investing in high-quality properties with long-term NNN leases, ranks 5th on our list of real estate dividend stocks to buy in August 2021. The company is based in Florida.

This July, Wells Fargo’s Todd Stender raised his price target on National Retail Properties, Inc. (NYSE: NNN) shares from $44 to $50 alongside retaining an Equal Weight rating on the stock.

In the second quarter of 2021, National Retail Properties, Inc. (NYSE: NNN) had an FFO of $0.70, beating estimates by $0.02. The company’s revenue was $179.01 million, up 9.35% year over year and also beating estimates by $2.01 million. National Retail Properties, Inc. (NYSE: NNN) has also gained 19.41% in the past 6 months and 22.9% year to date.

By the end of the first quarter of 2021, 22 hedge funds out of the 866 tracked by Insider Monkey held stakes in National Retail Properties, Inc. (NYSE: NNN) worth roughly $289 million. This is compared to 14 hedge funds in the previous quarter with a total stake value of approximately $306 million.


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