Why Investors Favor NNN REIT Among Safest High Dividend Stocks

NNN REIT, Inc. (NYSE:NNN) is included among the 10 Safest High Dividend Stocks to Buy Now.

Why Investors Favor NNN REIT Among Safest High Dividend Stocks

NNN REIT, Inc. (NYSE:NNN) is an American real estate investment trust company. It follows a straightforward business model by investing in single-tenant net-leased properties. The company focuses on acquiring assets backed by long-term net leases, usually ranging from 10 to 20 years, in prime locations within strong markets. These properties generate stable and predictable rental income.

NNN REIT, Inc. (NYSE:NNN) builds lasting partnerships with growing retailers, which consistently create new investment opportunities. Most acquisitions are done through sale-leaseback deals, giving retailers the capital to expand their operations while providing the REIT with additional properties. With its conservative financial approach, NNN REIT is able to steadily grow its portfolio and dividends across different phases of the economic cycle.

NNN REIT, Inc. (NYSE:NNN) is one of the best dividend stocks with 36 consecutive years of dividend growth under its belt. The company offers a quarterly dividend of $0.60 per share and has a dividend yield of 5.70%, as of September 20.

While we acknowledge the potential of NNN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NNN and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.