Dependable Dividend Stocks: National Retail Properties (NNN)
Dividend Yield: 4.9%
YTD Gain: 10%
Real estate investment trusts like National Retail Properties (NNN) are required to pay out most of their earnings as dividends. That means REITs tend to have high dividend yields, but those payouts can also come and go. A bad quarter or bad year means less earnings, which means lower dividends.
But that hasn’t been a problem for NNN stock in at least 20 years. The first pick on our list of dependable dividend stocks yields a generous 4.9% … and shares are up more than 10% for the year-to-date.
Heck, over the last 20 years, NNN stock generated an annual return of 12.3%. That beats the broader market by more than 3 percentage points, making this one of the top dividend stocks to ride out any roughness.