This 5%-Yielding Real Estate Stock Raised Its Dividend in Each of the Past 4 Recessions
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NNN REIT is as consistent and durable as they come. NNN REIT (NNN -0.49%) has quietly put together a terrific record of paying dividends. The retail-focused real estate investment trust (REIT) delivered its first dividend increase to shareholders in 1990. It hasn't stopped raising its payout since then and recently notched its 35th straight year of dividend growth. That's an impressive record, considering that we've had four recessions during the period. Economic downturns tend to be times when companies gr ...