Netstreit Corp dividend – NETSTREIT CORP Announces 0.2 Cash Dividend
June 23, 2023
🌥️Dividends Yield
NETSTREIT CORP ($NYSE:NTST) announced on May 26 2023 that it will be paying a 0.2 USD cash dividend per share. Over the past three years, the company has been paying an annual dividend per share of 0.8 USD, with a dividend yield of 3.92%, 3.86%, and 3.62% for 2021 to 2023 respectively. This makes the average dividend yield for this period 3.8%. If you’re looking for dividend stocks, NETSTREIT CORP could be a worthwhile option to consider.
The ex-dividend date for this stock is on May 31 2023, meaning that buyers of the stock before this date will be eligible to receive the dividend when it is paid out. It’s important to note that the stock must be held until the actual payment date in order to receive the dividend. Overall, NETSTREIT CORP is a great option for investors who are seeking a consistent source of dividends with a moderate yield.
Price History
The stock opened at $17.5 and closed at $17.6, representing an increase of 0.5% from the previous closing price. The ex-dividend date for this dividend is yet to be announced. Along with the dividend, the company is also looking to strengthen its balance sheet and increase shareholder value through other financial measures. Investors should keep an eye out for any further announcements from the company in the coming weeks. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Netstreit Corp. More…
| Total Revenues | Net Income | Net Margin |
| 103.83 | 7.65 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Netstreit Corp. More…
| Operations | Investing | Financing |
| 56.5 | -437.06 | 382.48 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Netstreit Corp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.63k | 531.76 | 18.65 |
Key Ratios Snapshot
Some of the financial key ratios for Netstreit Corp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 16.7% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Netstreit Corp Intrinsic Value
At GoodWhale, we conducted an analysis of NETSTREIT CORP‘s financials and found that the fair value of NETSTREIT CORP share is around $23.9. This calculation was made through our proprietary Valuation Line. Currently, NETSTREIT CORP stock is trading at $17.6, which is 26.4% undervalued in comparison to its true fair value. This presents a unique opportunity for investors to purchase the stock at a discounted rate. More…
Peers
The competition between Netstreit Corp and its competitors is intense. Each company is striving to be the best in the industry and to provide the best products and services to their customers. This competition is good for the consumer because it allows them to choose from a variety of companies that offer different products and services. It also keeps the prices of the products and services down because the companies are always trying to outdo each other.
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– BHG Retail REIT ($SGX:BMGU)
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– Partners Real Estate Investment Trust ($OTCPK:PTSRF)
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Summary
NETSTREIT CORP is a dividend stock that has been paying an annual dividend of 0.8 USD per share for the past three years, with an average dividend yield of 3.8%. This makes it a viable option for investors looking to invest in dividend stocks. NETSTREIT CORP has delivered stable dividend yields of 3.92%, 3.86%, and 3.62% in the years 2021 to 2023 respectively. Investors looking for a reliable income stream should consider NETSTREIT CORP as a potential investment choice.
