Common Dividend Declared by NNN REIT, Inc.

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.

News Market Reaction – NNN

+0.64%

1 alert

+0.64% News Effect

On the day this news was published, NNN gained 0.64%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ORLANDO, Fla., April 15, 2025 /PRNewswire/ -- The Board of Directors of NNN REIT, Inc. (NYSE: NNN) ("NNN" or the "Company"), a real estate investment trust, today announced a quarterly dividend of 58 cents per share payable May 15, 2025 to shareholders of record as of April 30, 2025. NNN is one of only three publicly traded REITs to have increased its annual dividend for 35 or more consecutive years.

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.

FAQ

What is the latest quarterly dividend amount announced by NNN REIT?

NNN REIT announced a quarterly dividend of $0.58 per share on April 15, 2025.

When is the payment date for NNN REIT's latest dividend?

The dividend will be paid on May 15, 2025 to shareholders of record as of April 30, 2025.

How long has NNN REIT been increasing its annual dividend?

NNN REIT has increased its annual dividend for 35 or more consecutive years.

How many other publicly traded REITs have increased dividends for 35+ years like NNN?

Only two other publicly traded REITs besides NNN have increased their annual dividend for 35 or more consecutive years.