Getty Realty Corp.: A Single Tenant Retail REIT Offering Investors An Attractive Yield Of 5.97%

Summary:

• The company’s strategic acquisitions and development activities have strengthened its portfolio, but investors should be aware of potential risks and headwinds.
• GTY’s valuation is favorable compared to its industry counterparts, with a lower P/E ratio and stronger earnings growth.
• Getty Realty Corp. offers a 5.97% dividend yield, higher than peers like Realty Income Corp. and Kimco Realty Corp.

As an income-focused investor with a preference for companies that are positioned throughout the retail sector, I wanted to explore several reasons as to why I’m considering taking a position in shares of Getty Realty Corp. (NYSE:

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in GTY over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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