NETSTREIT Corp. (NYSE:NTST) Announces Quarterly Dividend of $0.23

NETSTREIT Corp. (NYSE:NTST) announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Tuesday, September 1st will be paid a dividend of 0.225 per share on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Tuesday, September 1st.

NETSTREIT has raised its dividend by an average of 0.2%annually over the last three years and has raised its dividend every year for the last 1 years. NETSTREIT has a dividend payout ratio of 310.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect NETSTREIT to earn $1.39 per share next year, which means the company should continue to be able to cover its $0.90 annual dividend with an expected future payout ratio of 64.7%.

NETSTREIT Stock Performance

NYSE NTST opened at $20.49 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.54 and a current ratio of 3.55. NETSTREIT has a fifty-two week low of $17.02 and a fifty-two week high of $22.47. The company has a market cap of $2.08 billion, a P/E ratio of 136.60, a P/E/G ratio of 2.64 and a beta of 0.81. The business’s 50 day moving average price is $21.13 and its 200-day moving average price is $20.46.

NETSTREIT (NYSE:NTST) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). NETSTREIT had a return on equity of 0.95% and a net margin of 6.35%.The firm had revenue of $61.28 million during the quarter, compared to analysts’ expectations of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. Sell-side analysts predict that NETSTREIT will post 1.31 earnings per share for the current year.

NETSTREIT Company Profile

NetSTREIT Corp. is a real estate investment trust that specializes in the acquisition and management of single‐tenant, net lease retail properties across the United States. The company targets assets leased to investment‐grade or creditworthy tenants under long‐term, triple‐net leases, which generally shift property‐level expenses—such as taxes, insurance and maintenance—to the tenant. This business model is designed to generate predictable, stable income streams and to limit landlord responsibilities.

NetSTREIT’s portfolio encompasses a diversified mix of essential retail and service properties, including quick‐service restaurants, convenience stores, banks, automotive service centers and medical clinics.