A 6.9% Dividend Yield and 13 Years of Raises. What’s the Catch With Getty Realty?
Getty Realty (GTY) raised its quarterly dividend by 3.1% to $0.50 per share, marking 13 consecutive years of increases. The company's shares rose 5.4% to $28.95, offering a 6.9% yield. GTY's AFFO guidance for 2026 is $2.53-$2.54 per share, with a 79% payout ratio. The company's portfolio consists of 1,269 properties, primarily convenience stores, with high occupancy and long lease terms.

