secwatch.observer — SEC 8-K summary
======================================

Issuer:     NETSTREIT Corp. (NTST)
CIK:        0001798100
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001798100-23-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NETSTREIT Q4 AFFO $0.29/share, full-year AFFO $1.16; guides 2023 AFFO $1.17-$1.23
--------------------------------------------------------------------------------

- Q4 net income $0.05/diluted share (flat YoY); AFFO $0.29/diluted share vs $0.27 prior year.
- Full-year 2022 AFFO $1.16/diluted share; net investments $480.2M at 6.6% initial cap rate.
- Portfolio 100% occupied; 62.9% investment-grade tenants; weighted-average lease term 9.5 years.
- 2023 AFFO guidance $1.17-$1.23/share; expects at least $400M net investments.
- Quarterly dividend declared $0.20/share, payable March 30, 2023; net debt/EBITDA 3.4x (pro forma).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1798100/000179810023000006/0001798100-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1798100/000179810023000006/ntst-20230223.htm
  HTML page:      https://secwatch.observer/filing/0001798100-23-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer