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6 Triple-Net REITs For A Suitable Portfolio

The following 6 triple-net real estate investment trusts (REITs) are suitable for a portfolio that requires dependable income.

A triple net lease is a lease agreement that designates the lessee, which is the tenant, as being solely responsible for all the costs relating to the asset being leased, in addition to the rent fee applied under the lease.

The structure of this type of lease requires the lessee to pay the net amount for three types of costs, including net real estate taxes on the leased asset, net building insurance and net common area maintenance. This type of lease can also be referred to as a net-net-net (NNN) lease.

Here are the results...

Lexington Realty Trust -- Yield: 6.26%

Lexington Realty Trust (NYSE:LXP) employs 54 people, generates revenue of $430.84 million and has a net income of $111.46 million. The current market capitalization stands at $2.57Billion.

Lexington Realty Trust’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $345.90 million. The EBITDA margin is 80.28% (the operating margin is 38.77% and the net profit margin 25.87%).

Financials: The total debt represents 57.30% of Lexington Realty Trust assets and the total debt in relation to the equity amounts to 151.55%. Due to the financial situation, a return on equity of 7.55% was realized by Lexington Realty Trust.

Twelve trailing months earnings per share reached a value of $0.51. Last fiscal year, Lexington Realty Trust paid $0.68 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 21.43, the P/S ratio is 5.97 and the P/B ratio is finally 1.89. The dividend yield amounts to 6.26%.

Stock Charts:

Long-Term Stock Price Chart of Lexington Realty Trust (LXP)
Long-Term Stock Price Chart of Lexington Realty Trust (LXP)
Long-Term Dividend Payment History of Lexington Realty Trust (LXP)
Long-Term Dividend Payment History of Lexington Realty Trust (LXP)
Long-Term Dividend Yield History of Lexington Realty Trust (LXP)
Long-Term Dividend Yield History of Lexington Realty Trust (LXP)


LTC Properties -- Yield: 4.05%

LTC Properties (NYSE:LTC) employs 22 people, generates revenue of $136.20 million and has a net income of $73.08 million. The current market capitalization stands at $2.12Billion.

LTC Properties’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $120.47 million. The EBITDA margin is 88.45% (the operating margin is 51.89% and the net profit margin 53.66%).

Financials: The total debt represents 44.84% of LTC Properties assets and the total debt in relation to the equity amounts to 86.75%. Due to the financial situation, a return on equity of 10.95% was realized by LTC Properties.

Twelve trailing months earnings per share reached a value of $2.11. Last fiscal year, LTC Properties paid $2.07 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 25.31, the P/S ratio is 15.37 and the P/B ratio is finally 3.04. The dividend yield amounts to 4.05%.

Stock Charts:

Long-Term Stock Price Chart of LTC Properties (LTC)
Long-Term Stock Price Chart of LTC Properties (LTC)
Long-Term Dividend Payment History of LTC Properties (LTC)
Long-Term Dividend Payment History of LTC Properties (LTC)
Long-Term Dividend Yield History of LTC Properties (LTC)
Long-Term Dividend Yield History of LTC Properties (LTC)


Agree Realty -- Yield: 3.95%

Agree Realty (NYSE:ADC) employs 20 people, generates revenue of $69.97 million and has a net income of $39.76 million. The current market capitalization stands at $1.15Billion.

Agree Realty’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $56.60 million. The EBITDA margin is 80.89% (the operating margin is 57.07% and the net profit margin 56.83%).

Financials: The total debt represents 40.12% of Agree Realty assets and the total debt in relation to the equity amounts to 70.25%. Due to the financial situation, a return on equity of 9.70% was realized by Agree Realty.

Twelve trailing months earnings per share reached a value of $2.06. Last fiscal year, Agree Realty paid $1.84 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 23.60, the P/S ratio is 16.42 and the P/B ratio is finally 2.22. The dividend yield amounts to 3.95%.

Stock Charts:

Long-Term Stock Price Chart of Agree Realty (ADC)
Long-Term Stock Price Chart of Agree Realty (ADC)
Long-Term Dividend Payment History of Agree Realty (ADC)
Long-Term Dividend Payment History of Agree Realty (ADC)
Long-Term Dividend Yield History of Agree Realty (ADC)
Long-Term Dividend Yield History of Agree Realty (ADC)


Store Capital -- Yield: 3.86%

Store Capital (NYSE:STOR) employs 63 people, generates revenue of $270.90 million and has a net income of $82.45 million. The current market capitalization stands at $4.66Billion.

Store Capital’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $241.41 million. The EBITDA margin is 89.12% (the operating margin is 55.61% and the net profit margin 30.43%).

Financials: The total debt represents 45.25% of Store Capital assets and the total debt in relation to the equity amounts to 85.93%. Due to the financial situation, a return on equity of 4.49% was realized by Store Capital.

Twelve trailing months earnings per share reached a value of $0.73. Last fiscal year, Store Capital paid $1.04 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 41.37, the P/S ratio is 16.99 and the P/B ratio is finally 2.05. The dividend yield amounts to 3.86%.

Stock Charts:

Long-Term Stock Price Chart of Store Capital (STOR)
Long-Term Stock Price Chart of Store Capital (STOR)
Long-Term Dividend Payment History of Store Capital (STOR)
Long-Term Dividend Payment History of Store Capital (STOR)
Long-Term Dividend Yield History of Store Capital (STOR)
Long-Term Dividend Yield History of Store Capital (STOR)


Realty Income -- Yield: 3.60%

Realty Income (NYSE:O) employs 133 people, generates revenue of $1,023.28 million and has a net income of $284.86 million. The current market capitalization stands at $17.61Billion.

Realty Income’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $919.55 million. The EBITDA margin is 89.86% (the operating margin is 25.97% and the net profit margin 27.84%).

Financials: The total debt represents 40.74% of Realty Income assets and the total debt in relation to the equity amounts to 73.88%. Due to the financial situation, a return on equity of 4.52% was realized by Realty Income.

Twelve trailing months earnings per share reached a value of $1.09. Last fiscal year, Realty Income paid $2.27 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 61.80, the P/S ratio is 16.98 and the P/B ratio is finally 2.74. The dividend yield amounts to 3.60%.

Stock Charts:

Long-Term Stock Price Chart of Realty Income (O)
Long-Term Stock Price Chart of Realty Income (O)
Long-Term Dividend Payment History of Realty Income (O)
Long-Term Dividend Payment History of Realty Income (O)
Long-Term Dividend Yield History of Realty Income (O)
Long-Term Dividend Yield History of Realty Income (O)


National Retail Properties -- Yield: 3.56%

National Retail Properties (NYSE:NNN) employs 62 people, generates revenue of $482.91 million and has a net income of $187.51 million. The current market capitalization stands at $7.58Billion.

National Retail Properties’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $427.87 million. The EBITDA margin is 88.60% (the operating margin is 59.77% and the net profit margin 38.83%).

Financials: The total debt represents 36.19% of National Retail Properties assets and the total debt in relation to the equity amounts to 59.12%. Due to the financial situation, a return on equity of 5.73% was realized by National Retail Properties.

Twelve trailing months earnings per share reached a value of $1.17. Last fiscal year, National Retail Properties paid $1.71 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 43.86, the P/S ratio is 15.58 and the P/B ratio is finally 2.61. The dividend yield amounts to 3.56%.

Stock Charts:

Long-Term Stock Price Chart of National Retail Properties (NNN)
Long-Term Stock Price Chart of National Retail Properties (NNN)
Long-Term Dividend Payment History of National Retail Properties (NNN)
Long-Term Dividend Payment History of National Retail Properties (NNN)
Long-Term Dividend Yield History of National Retail Properties (NNN)
Long-Term Dividend Yield History of National Retail Properties (NNN)