Why the dividend investor may take a look at NYSE:NNN.

Our stock screener has singled out NNN REIT INC (NYSE:NNN) as a promising choice for dividend investors. NYSE:NNN not only scores well in profitability, solvency, and liquidity but also offers a decent dividend. We'll explore this further.

Dividend Assessment of NYSE:NNN

ChartMill assigns a proprietary Dividend Rating to each stock. The score is computed by evaluating various valuation aspects, like the yield, the history, the dividend growth and sustainability. NYSE:NNN was assigned a score of 7 for dividend:

• With a Yearly Dividend Yield of 5.35%, NNN is a good candidate for dividend investing.
• Compared to an average industry Dividend Yield of 5.96, NNN pays a bit more dividend than its industry peers.
• NNN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.25.
• NNN has paid a dividend for at least 10 years, which is a reliable track record.
• NNN has not decreased their dividend for at least 10 years, which is a reliable track record.

What does the Health looks like for NYSE:NNN

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:NNN scores a 5 out of 10:

• Looking at the Altman-Z score, with a value of 1.33, NNN belongs to the top of the industry, outperforming 83.46% of the companies in the same industry.
• A Current Ratio of 2.33 indicates that NNN has no problem at all paying its short term obligations.
• With an excellent Current ratio value of 2.33, NNN belongs to the best of the industry, outperforming 80.31% of the companies in the same industry.
• NNN has a Quick Ratio of 2.33. This indicates that NNN is financially healthy and has no problem in meeting its short term obligations.
• Looking at the Quick ratio, with a value of 2.33, NNN belongs to the top of the industry, outperforming 81.10% of the companies in the same industry.

How do we evaluate the Profitability for NYSE:NNN?

ChartMill assigns a proprietary Profitability Rating to each stock. The score is computed by evaluating various profitability ratios and margins and ranges from 0 to 10. NYSE:NNN was assigned a score of 9 for profitability:

• With an excellent Return On Assets value of 5.48%, NNN belongs to the best of the industry, outperforming 93.70% of the companies in the same industry.
• With an excellent Return On Equity value of 11.20%, NNN belongs to the best of the industry, outperforming 91.34% of the companies in the same industry.
• NNN's Return On Invested Capital of 6.07% is amongst the best of the industry. NNN outperforms 96.06% of its industry peers.
• The 3 year average ROIC (4.67%) for NNN is below the current ROIC(6.07%), indicating increased profibility in the last year.
• The Profit Margin of NNN (45.19%) is better than 93.70% of its industry peers.
• NNN's Profit Margin has improved in the last couple of years.
• Looking at the Operating Margin, with a value of 62.82%, NNN belongs to the top of the industry, outperforming 97.64% of the companies in the same industry.
• With an excellent Gross Margin value of 96.62%, NNN belongs to the best of the industry, outperforming 96.85% of the companies in the same industry.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

For an up to date full fundamental analysis you can check the fundamental report of NNN

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.