Increased Common Dividend Declared by NNN REIT, Inc.

Rhea-AI Summary

NNN REIT (NYSE:NNN) has announced a quarterly dividend increase to 60 cents per share, representing a 3.4% increase from the previous dividend. The dividend will be payable on August 15, 2025 to shareholders of record as of July 31, 2025.

This marks NNN's 36th consecutive annual dividend increase, making it one of only three publicly traded REITs to achieve this milestone. CEO Steve Horn attributes this consistent growth to the company's long-term perspective, disciplined capital allocation strategy, and strong balance sheet position.

Positive

• 36th consecutive annual dividend increase, demonstrating consistent growth
• 3.4% increase in quarterly dividend to $0.60 per share
• One of only three publicly traded REITs with 36+ years of consecutive dividend increases
• Strong and flexible balance sheet position

Negative

• None.

-- Marks 36^th Consecutive Annual Dividend Increase --

ORLANDO, Fla., July 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 60 cents per share payable August 15, 2025 to shareholders of record as of July 31, 2025. The 3.4 percent increase in the quarterly dividend marks the 36^th consecutive annual dividend increase. NNN is one of only three publicly traded REITs to have increased its annual dividend for 36 or more consecutive years.

Steve Horn, Chief Executive Officer, commented: "Operating with a long-term perspective has positioned NNN to increase its annual dividend for the 36^th consecutive year. Our consistent growth reflects the strength of our disciplined capital allocation strategy, supported by our solid and flexible balance sheet."

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 March 31, 2025, the Company owned 3,641 properties in 50 states with a gross leasable area of approximately 37.3 million square feet and a weighted average remaining lease term of 10 years. For more information on the Company, visit www.nnnreit.com.

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SOURCE NNN REIT, Inc.

FAQ

What is NNN REIT's new quarterly dividend for 2025?

NNN REIT announced a quarterly dividend of 60 cents per share, payable August 15, 2025 to shareholders of record as of July 31, 2025.

How much did NNN REIT increase its dividend in 2025?

NNN REIT increased its quarterly dividend by 3.4% in 2025.

How many consecutive years has NNN REIT increased its dividend?

NNN REIT has increased its dividend for 36 consecutive years, making it one of only three publicly traded REITs to achieve this milestone.

When will NNN REIT's new dividend be paid?

The dividend will be paid on August 15, 2025 to shareholders of record as of July 31, 2025.

What makes NNN REIT's dividend increase significant?

NNN REIT is one of only three publicly traded REITs to have increased its annual dividend for 36 or more consecutive years, demonstrating exceptional consistency in shareholder returns.