Common Dividend Declared by NNN REIT, Inc.
NNN REIT (NYSE: NNN) has declared a quarterly dividend of $0.58 per share, as announced by its Board of Directors on April 15, 2025.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
NNN REIT (NYSE: NNN) has declared a quarterly dividend of $0.58 per share, as announced by its Board of Directors on April 15, 2025. The dividend will be paid on May 15, 2025 to shareholders of record as of April 30, 2025.
Notably, NNN stands among only three publicly traded REITs that have maintained a track record of increasing their annual dividend for 35 or more consecutive years.
Positive
- 35+ year track record of consecutive annual dividend increases
- Consistent quarterly dividend payment of $0.58 per share
- Among top 3 REITs with longest dividend growth streak
Negative
- None.
Details
News Market Reaction – NNN
The recorded move for NNN in the trading session of this news was +0.64%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About NNN REIT, Inc.
NNN REIT invests in high-quality properties subject generally to long-term, net leases with minimal ongoing capital expenditures. As of December 31, 2024, the Company owned 3,568 properties in 49 states with a gross leasable area of approximately 36.6 million square feet and a weighted average remaining lease term of 9.9 years. For more information on the Company, visit www.nnnreit.com.
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SOURCE NNN REIT, Inc.
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