G
etty Realty, a net lease REIT, is poised to release its Q1 2025 earnings on April 23. Analysts predict revenues of $51.46 million, a 5% increase from the previous year. The company's stock price has fluctuated between $25.70 and $33.85 over the past 52 weeks.
Getty Realty's dividend yield stands at 6.15%, with a payout of $1.88 per share in the last 12 months. To generate $100 per month, or $1,200 annually, from dividends, an investment of approximately $19,512 is required, equivalent to around 638 shares at $30.56 each.
The company's CEO, Christopher J. Constant, recently highlighted strong Q4 2024 results, with FFO of $0.60 and revenues of $53.02 million exceeding consensus estimates. Getty Realty has adjusted its full-year 2025 AFFO guidance to $2.38 to $2.41 per diluted share due to a recent tenant bankruptcy filing.
Investors seeking alternative assets may be interested in the company's diversified portfolio, which includes convenience, automotive, and other single-tenant retail properties. With a dividend yield of 6.15%, Getty Realty offers an attractive option for income-seeking investors.
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