Sponsor of The Fundamental Income Net Lease Real Estate ETF (NYSE: NETL) Announces Rebranding to The Colterpoint Net Lease Real Estate ETF (NYSE: NETL), and a 5.00% Increase to Monthly Dividend, Targeting 10.5 cents per Month, or ~$1.26 per Year | NETL Stock News
The Fundamental Income Net Lease Real Estate ETF (NYSE: NETL) has rebranded to The Colterpoint Net Lease Real Estate ETF, following the sale of its direct investment platform for $2.2 billion. The ETF will increase its monthly dividend by 5% to 10.5 cents, targeting an annual yield of approximately $1.26. NETL offers exposure to 22 net lease REITs and over 33,000 properties, focusing on sustainable cash flows through long-term leases. The rebranding reflects a strategic shift to enhance investor access to the growing net lease real estate sector.
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