NNN REIT, Inc. (CZ2)
Summary
Better Dividend Stock for 2026: NNN or ADC? One Clearly Wins on Yield and Growth
Both NNN and Agree Realty cut identical deals with tenants, raised guidance the same summer, and dropped nearly the same amount in price last month, yet one of them suits a retiree's portfolio far better than the other.
5 Historically Cheap High-Yield Dividend Stocks Ripe for Income Seekers
Some dividend stocks yield more today than at any point in their recent history, yet the payouts remain fully covered.
NNN REIT: Paid 6% To Wait While The Market Ignores 99% Occupancy
NNN REIT offers a 6.1% yield and trades at 11.5x 2026 AFFO guidance, well below its historical average multiple. Management raised 2026 AFFO guidance to $3.55–$3.59 and acquisition targets to $700–$800 million, reflecting robust operational performance and high occupancy at 99.1%. NNN's dividend payout ratio remains conservative at 69% of AFFO, supported by a 37-year streak of annual increases and resilient per-share growth.
NNN REIT, Inc. (CZ2) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has NNN REIT, Inc. ever had a stock split?
NNN REIT, Inc. Profile
| Retail REITs Industry | Real Estate Sector | Stephen A. Horn Jr. CEO | XFRA Exchange | 637417106 CUSIP |
| US Country | 85 Employees | 31 Jul 2026 Last Dividend | - Last Split | 26 Mar 1990 IPO Date |
Overview
NNN REIT is a distinguished real estate investment trust that focuses its investments on high-quality retail properties across the United States. With a portfolio that spans 49 states, the company as of December 31, 2023, boasts ownership of 3,532 properties encompassing roughly 36.0 million square feet of gross leasable area. Demonstrating stability and growth, NNN REIT has achieved a significant milestone by increasing annual dividends for 34 or more consecutive years, a feat matched by only two other publicly traded REITs. This achievement underscores the company's robust financial health and unwavering commitment to delivering value to its shareholders. The properties in NNN REIT's portfolio are primarily subject to long-term, net leases, ensuring a steady income stream and reducing financial ambiguity over the weighted average remaining lease term of 10.1 years.
Products and Services
- Net Lease Retail Properties
- Dividend Growth
NNN REIT specializes in investing in high-quality retail properties leased to tenants under long-term, net lease arrangements. These leases typically require the tenant to pay most, if not all, of the property expenses, including real estate taxes, insurance, and maintenance, providing NNN REIT with a stable, predictable revenue stream. The focus on premium retail spaces ensures that the properties are well-positioned in the market, attractive to tenants, and poised for sustained occupancy.
One of the hallmark services provided by NNN REIT is its reliable and growing dividend payouts to investors. With an impressive track record of increasing annual dividends for 34 or more consecutive years, the company stands out as a symbol of financial stability and commitment to shareholder return. This consistent growth in dividends reflects the company's operational success, strategic asset management, and prudent financial stewardship.
Contact Information
