Portfolio of Triple-Net REITs
The following 5 triple-net real estate investment
trusts (REITs) are suitable for a portfolio that requires dependable income. Under a triple net lease, the tenant must pay property taxes, building insurance and maintenance or repairs in addition to rent.
|5 Triple-Net REITs|
|Agree Realty Corp.||ADC||$2.40 (3.85%)|
|Lexington Realty Trust||LXP||$0.42 (3.98%)|
|National Retail Properties||NNN||$2.08 (5.88%)|
|Store Capital||STOR||$1.44 (5.29%)|
|Dividend data from Alpha Vantage as of Oct-04-2020.|
To inspect the performance of the Triple-Net REITs portfolio, see the chart below. Portfolio values are computed using monthly closes for stocks from Alpha Vantage.The 3 stocks included in the portfolio computations are: ADC, LXP and NNN. The current value of the portfolio assumes that $3,333.33 was invested (total of $10,000) in each stock at its closing monthly price for the first date shown on the portfolio value chart below. All prices are adjusted for splits and dividends. STOR and VER were excluded from the portfolio computations because of insufficient price data.
The current value of a $10,000 investment is $17,613. The percent return is 76.13%. The annualized return is 11.99%.