NETSTREIT Corp. (NTST) to Issue Quarterly Dividend of $0.88 on June 15th

NETSTREIT Corp. (NYSE:NTST) announced a quarterly dividend on Thursday, April 16th. Shareholders of record on Monday, June 1st will be given a dividend of 0.88 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 17.4%. The ex-dividend date of this dividend is Monday, June 1st. This is a 300.0% increase from NETSTREIT’s previous quarterly dividend of $0.22.

NETSTREIT has raised its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. NETSTREIT has a payout ratio of 303.4% indicating that 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 $0.88 annual dividend with an expected future payout ratio of 63.3%.

NETSTREIT Stock Performance

NTST stock opened at $20.28 on Friday. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.81. The business’s fifty day simple moving average is $20.07 and its two-hundred day simple moving average is $19.16. NETSTREIT has a twelve month low of $15.68 and a twelve month high of $21.30. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 156.04, a PEG ratio of 2.73 and a beta of 0.85.

NETSTREIT (NYSE:NTST) last released its earnings results on Monday, April 20th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). NETSTREIT had a return on equity of 0.78% and a net margin of 5.29%.The business had revenue of $57.06 million during the quarter, compared to analysts’ expectations of $50.10 million. NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. Analysts predict that NETSTREIT will post 1.3 earnings per share for the current year.

About NETSTREIT

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.