DivGro is now DivGro 2.0!

DivGro moved to another platform and is now DivGro 2.0!

Please enjoy complimentary access to all the content on DivGro 2.0 until I formally launch it! You can sign up for free and join more than 1,350 existing members!

Complimentary access includes my monthly newsletter and articles like
 How to Assess Dividend Quality and The Chowder Ruleand a live spreadsheet of my DivGro Portfolio.

Read more About DivGro 2.0 ...

Saturday, July 27, 2024

NNN REIT Dividend Increase

On 15 July, NNN REIT (NNN) increased its quarterly dividend by 2.65%, from 56.5¢ to 58¢ per share.

The dividend will be paid on 15 August to shareholders of record on 31 July. The ex-dividend date is 31 July.

NNN's contribution to DivGro's projected annual dividend income will increase by $15 to $580.

I own 250 shares of NNN at an average cost basis of $40.85 per share. Following this increase, my yield on cost is 5.68%. (NNN's forward yield is 5.10% at $45.52 per share). 

Since I opened my NNN position in July 2017, the stock has produced annualized total returns of 8%, including $2,419 in dividend income. 

5-Year History of Dividend Payouts by Ex-Date
201920202021202220232024
$2.03$2.07$2.10$2.16$2.23$2.29
4.10%1.97%1.45%2.86%3.24%2.69%
5-year DGR:2.72%2.44%

projected, assuming no further changes


Follow me at DivGro 2.0 or on Twitter or Facebook.

No comments :

Post a Comment

Please don't include links in comments. I will mark such comments as spam and the comment won't be published. To make me aware of your blog or website, comment on my Blogrole page instead.

Subscribe to Portfolio Insight and Save!

Use my affiliate link to sign up for a free 14-day, no-obligation trial of Portfolio Insight. No credit card required. If you decide to subscribe during the trial period, you'll receive a 20% discount on the first year's annual subscription price of $330. Please note the 20% affiliate discount does not apply to the monthly rate.