This Nearly 5%-Yielding Passive Income Stock Just Raised Its Dividend for the 35th Year in a Row

NNN REIT is among the dividend-paying elite. NNN REIT (NNN -0.04%) recently hit another dividend milestone: The real estate investment trust (REIT) delivered its 35th consecutive annual payout hike. That put it in an elite group. Only two other REITs and fewer than 80 publicly traded companies currently have dividend-hiking streaks of 35 or more years. The retail REIT's 3% dividend increase pushed its yield closer to 5%, putting it even further above the S&P 500's sub-1.5% average yield. Here's a look at wh ...