NTST · Dividend Triangle
5-year compound growth across Revenue, , and Dividend — the three legs that decide whether a payout is sustainable.
note: the leg can look weak for a healthy REIT because depreciation is non-cash. Check the REIT Cash Lens in the Stock Modal for the -based view that income investors actually use.
Dividend Triangle Score
83/100
Strong dividend triangle
- Reported payout ratio is 717% — but REITs are required by law to distribute ≥90% of taxable income, and non-cash depreciation drags . Check the Cash Lens below for the -based payout, which is the figure income investors actually use for REITs.
- Revenue is compounding ~11.1× faster than the dividend (+26.5% vs +2.4%) — plenty of room for future hikes.
- Free Cash Flow margin of 52.3% — substantial cash generation relative to revenue, the backbone of reliable payouts.
Revenue
+26.5%
n=3yr CAGR
EPS
+51.6%
n=5yr CAGR
Dividend
+2.4%
n=4yr CAGR
Source: Massive.com · Cached 24h · Dividend Triangle is for educational use, not investment advice.
The Dividend Triangle is an educational visualization. It is not investment advice and does not replace your own research or a conversation with a licensed financial advisor.