2023 All Over Again? 2 REITs To Buy After The Rate Hike Pullback

NNN REIT and Getty Realty offer attractive entry points after sector pullback, with yields near 6% and double-digit total return potential. NNN demonstrates strong fundamentals: 99.1% occupancy, 37-year dividend growth, 69% AFFO payout, and 97.5% fixed-rate debt, despite tenant credit risks. GTY boasts 99.8% occupancy, 78% payout, a BBB- rating, no debt due until 2028, and AFFO growth guidance raised to 4.1%. Both REITs face tenant-credit risk but maintain high occupancy, robust balance sheets, and well-covered dividends, making them compelling for income-focused investors with a 3-5-year horizon. Welp, interest rates were officially raised last week for the first time since 2023. As expected, the REIT (XLRE) sector pulled back. But if you're an income-focused investor, you should be salivating at the This article was written by Dividend Collection Agency 9.69K Followers Follow Formerly known as "The Dividend Collectuh." Top 1% of financial experts on TipRanks. Contributing analyst to the iREIT+Hoya Capital investment group. Dividend Collection Agency is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran who enjoys dividend investing in quality blue-chip stocks, BDCs, and REITs. I am a buy-and-hold investor who prefers quality over quantity and plans to supplement his retirement income and live off dividends in the next 5-7 years. I aspire to reach and help the hard working, lower and middle class workers build investment portfolios of high quality, dividend-paying companies. I also hope to give investors a new perspective to help them reach financial independence.