NNN REIT, Inc. (NNN)
Summary
NNN Chart
People also search for
NNN REIT: A 5.37% Yielding Dividend Aristocrat That Just Raised Guidance Again
NNN REIT (NNN) offers a 5.37% yield, 69% payout ratio, and trades at 12.93x 2026 AFFO guidance after a pullback from its 52-week high. Q2 saw occupancy rise to 99.1%, AFFO and revenue beat expectations, and 2026 guidance was raised for the second time this year. NNN's portfolio is resilient, with 89% of ABR from service/non-discretionary retail, 10.1-year average lease/debt term, and $1.4 billion in liquidity.
NNN REIT: An Undervalued Dividend Champion With A 5.4% Yield
NNN REIT remains a Buy, offering a sustainable ~5.4% yield and trading at a discount to intrinsic value. NNN delivered strong Q2 results, raising AFFO guidance and maintaining a near-perfect 99.1% occupancy rate with a 10.1-year average lease term. Portfolio expansion continues with disciplined acquisitions at a 7.3% cap rate, while prudent debt management supports balance sheet quality.
NNN REIT: A Dividend Champion Deal To Buy Now
Last month, NNN REIT upped its quarterly dividend per share by 3.3%, extending its dividend growth streak to 37 consecutive years. The net lease REIT raised its acquisition volume guidance and core FFO per share guidance for 2026. NNN REIT enjoys a BBB+ S&P credit rating with a stable outlook.
NNN REIT, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 580 | $24,029.5 | $27,561.6 | $3,532.1 | 14.7% |
 Curtis Ellergodt Rothschild Investment LLC | 7,477 | $305,462.61 | $351,344.23 | $45,881.62 | 15.02% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 132,683 | $6.17M | $6.21M | $41,128.72 | 0.67% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 266,194 | $11.19M | $12.21M | $1.02M | 9.11% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 785 | $35,209.58 | $35,615.45 | $405.87 | 1.15% |
NNN REIT, Inc. (NNN) 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 | NYSE 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.
