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Netstreit (Netstreit) 5-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Netstreit 5-Year Dividend Growth Rate?

Netstreit's Dividends per Share for the three months ended in Dec. 2023 was $0.21.

During the past 12 months, Netstreit's average Dividends Per Share Growth Rate was 1.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 39.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Netstreit was 39.20% per year. The lowest was 39.20% per year. And the median was 39.20% per year.

Netstreit's Dividend Payout Ratio for the three months ended in Dec. 2023 was 4.10. As of today, Netstreit's Dividend Yield % is 4.79%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Netstreit Corp is 4.60, which seems too high.

Warning Sign:

Netstreit Corp stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Netstreit's 5-Year Dividend Growth Rate

For the REIT - Retail subindustry, Netstreit's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Netstreit's 5-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Netstreit's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Netstreit's 5-Year Dividend Growth Rate falls into.



Netstreit 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Netstreit  (NYSE:NTST) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Netstreit's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.205/ 0.05
=4.10

During the past 6 years, the highest Dividend Payout Ratio of Netstreit was 30.00. The lowest was 4.60. And the median was 6.96.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Netstreit Corp is 4.60, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Netstreit Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2052024-03-142024-03-152024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.2052023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2052023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-05-312023-06-012023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Netstreit's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.815/17.00
=4.79 %

Current Share Price is $17.00.
Netstreit's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.815.

During the past 6 years, the highest Dividend Yield of Netstreit was 5.84%. The lowest was 0.51%. And the median was 3.94%.

Warning Sign:

Netstreit Corp stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Netstreit 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Netstreit's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Netstreit (Netstreit) Business Description

Industry
Traded in Other Exchanges
Address
2021 McKinney Avenue, Suite 1150, Dallas, TX, USA, 75201
Netstreit Corp is structured as an umbrella partnership real estate investment trust. The company acquires, owns and manages commercial single-tenant lease properties, with the majority being long-term triple-net leases where the tenant is generally responsible for all improvements and contractually obligated to pay all operating costs (such as real estate taxes, utilities and repairs and maintenance costs).
Executives
Daniel P Donlan officer: CFO and Treasurer 2021 MCKINNEY AVENUE, SUITE 1150, DALLAS TX 75201
Mark Manheimer director, officer: President and CEO 14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Andrew P Blocher officer: CFO, Treasurer and Secretary 7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814
Heidi Everett director 5910 N. CENTRAL EXPRESSWAY, SUITE 1600, DALLAS TX 75206
Matthew A Troxell director TWO SEAPORT LANE, BOSTON MA 02110
Michael Christodolou director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Lori Wittman director 191 NORTH WACKER DRIVE, SUITE 1200, CHICAGO IL 60606
David Busker director 5910 N. CENTRAL EXPRESSWAY, SUITE 1600, DALLAS TX 75206
Murtaza Ali director 5910 N. CENTRAL EXPRESSWAY, SUITE 1600, DALLAS TX 75206
Todd Minnis director 5910 N. CENTRAL EXPRESSWAY, SUITE 1600, DALLAS TX 75206
Tilden Park Management I Llc 10 percent owner 452 FIFTH AVE., 28TH FLOOR, NEW YORK NY 10018
Long Pond Capital, Lp 10 percent owner 527 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022
Long Pond Capital Gp, Llc 10 percent owner 527 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022
John Khoury 10 percent owner 527 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022
Robin Mcbride Zeigler director 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050