NNN REIT is a straightforward investment with a high-yielding dividend that has room to grow. The company focuses on single-tenant properties with long-term leases, offering a reliable income stream. With a diverse portfolio of properties and a dividend yield of over 5.5%, NNN REIT provides a solid option for passive income investors.

The company’s dividend payout ratio is around 70% of its adjusted funds from operations, lower than many other net lease REITs. NNN REIT has a strong balance sheet, with high credit ratings and significant liquidity. It invests in new income-generating retail properties to support its goal of growing earnings per share and increasing dividends.

NNN REIT has a successful track record of increasing dividends, with a payout growth streak of 36 years. The company aims to steadily increase its dividend by around a mid-single-digit annual rate. With a focus on rental increases and new investments, NNN REIT offers a reliable and growing stream of passive income for investors seeking financial freedom.

Read more at Yahoo Finance: Why I Finally Bought This Magnificent 5.5%-Yielding Dividend Stock for Passive Income