NNN REIT, Inc.

NNN REIT, Inc.

NNNยทNYSE

$44.19

+0.31%
Real EstateREIT - Retail

National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of September 30, 2020, the company owned 3,114 properties in 48 states with a gross leasable area of approximately 32.4 million square feet and with a weighted average remaining lease term of 10.7 years.

At a Glance

Live Snapshot
Market Cap$8.41B
EPS2.0700
P/E Ratio19.08
Earnings Date08/04/2026
1.43%
Dividend Yield
-6%
3Y+15.0%
5Y+15.0%
10Y+49.0%
120.81%
Dividend Payout Ratio
2%
3Y+10.0%
5Y-28.0%
10Y-12.0%
3Y+14.0%
5Y+19.0%
10Y+59.0%
NNN REIT, Inc.

NNN REIT, Inc. Dividend History

NNN ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

NNN Dividend Payment History

NNN ยท NYSE

Total Payments

50

Latest Dividend

$0.6000

Annual Amount

$2.9800

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 15, 2026
Apr 30, 2026May 15, 2026
$0.6000
$0.6000
Quarterly0.00%
Jan 15, 2026
Jan 30, 2026Feb 13, 2026
$0.6000
$0.6000
Quarterly0.00%
Oct 14, 2025
Oct 31, 2025Nov 14, 2025
$0.6000
$0.6000
Quarterly0.00%
Jul 15, 2025
Jul 31, 2025Aug 15, 2025
$0.6000
$0.6000
Quarterly+3.45%
Apr 15, 2025
Apr 30, 2025May 15, 2025
$0.5800
$0.5800
Quarterly0.00%
Jan 14, 2025
Jan 31, 2025Feb 14, 2025
$0.5800
$0.5800
Quarterly0.00%
Oct 15, 2024
Oct 31, 2024Nov 15, 2024
$0.5800
$0.5800
Quarterly0.00%
Jul 15, 2024
Jul 31, 2024Aug 15, 2024
$0.5800
$0.5800
Quarterly+2.65%
Apr 15, 2024
Apr 30, 2024May 15, 2024
$0.5650
$0.5650
Quarterly0.00%
Jan 16, 2024
Jan 31, 2024Feb 15, 2024
$0.5650
$0.5650
Quarterly0.00%
Oct 16, 2023
Oct 31, 2023Nov 15, 2023
$0.5650
$0.5650
Quarterly0.00%
Jul 14, 2023
Jul 31, 2023Aug 15, 2023
$0.5650
$0.5650
Quarterly+2.73%
Apr 14, 2023
Apr 28, 2023May 15, 2023
$0.5500
$0.5500
Quarterly0.00%
Jan 13, 2023
Jan 31, 2023Feb 15, 2023
$0.5500
$0.5500
Quarterly0.00%
Oct 14, 2022
Oct 31, 2022Nov 15, 2022
$0.5500
$0.5500
Quarterly0.00%
Jul 15, 2022
Jul 29, 2022Aug 15, 2022
$0.5500
$0.5500
Quarterly+3.77%
Apr 14, 2022
Apr 29, 2022May 16, 2022
$0.5300
$0.5300
Quarterly0.00%
Jan 14, 2022
Jan 31, 2022Feb 15, 2022
$0.5300
$0.5300
Quarterly0.00%
Oct 15, 2021
Oct 29, 2021Nov 15, 2021
$0.5300
$0.5300
Quarterly0.00%
Jul 15, 2021
Jul 30, 2021Aug 16, 2021
$0.5300
$0.5300
Quarterly+1.92%
Apr 15, 2021
Apr 30, 2021May 14, 2021
$0.5200
$0.5200
Quarterly0.00%
Jan 15, 2021
Jan 29, 2021Feb 16, 2021
$0.5200
$0.5200
Quarterly0.00%
Oct 15, 2020
Oct 30, 2020Nov 16, 2020
$0.5200
$0.5200
Quarterly0.00%
Jul 15, 2020
Jul 31, 2020Aug 14, 2020
$0.5200
$0.5200
Quarterly+0.97%
Apr 15, 2020
Apr 30, 2020May 15, 2020
$0.5150
$0.5150
Quarterly0.00%
Jan 15, 2020
Jan 31, 2020Feb 14, 2020
$0.5150
$0.5150
Quarterly0.00%
Oct 15, 2019
Oct 31, 2019Nov 15, 2019
$0.5150
$0.5150
Quarterly0.00%
Jul 15, 2019
Jul 31, 2019Aug 15, 2019
$0.5150
$0.5150
Quarterly+3.00%
Apr 15, 2019
Apr 30, 2019May 15, 2019
$0.5000
$0.5000
Quarterly0.00%
Jan 15, 2019
Jan 31, 2019Feb 15, 2019
$0.5000
$0.5000
Quarterly0.00%
Oct 15, 2018
Oct 31, 2018Nov 15, 2018
$0.5000
$0.5000
Quarterly0.00%
Jul 16, 2018
Jul 31, 2018Aug 15, 2018
$0.5000
$0.5000
Quarterly+5.26%
Apr 16, 2018
Apr 30, 2018May 15, 2018
$0.4750
$0.4750
Quarterly0.00%
Jan 16, 2018
Jan 31, 2018Feb 15, 2018
$0.4750
$0.4750
Quarterly0.00%
Oct 16, 2017
Oct 31, 2017Nov 15, 2017
$0.4750
$0.4750
Quarterly0.00%
Jul 14, 2017
Jul 31, 2017Aug 15, 2017
$0.4750
$0.4750
Quarterly+4.40%
Apr 17, 2017
Apr 28, 2017May 15, 2017
$0.4550
$0.4550
Quarterly0.00%
Jan 17, 2017
Jan 31, 2017Feb 15, 2017
$0.4550
$0.4550
Quarterly0.00%
Oct 14, 2016
Oct 31, 2016Nov 15, 2016
$0.4550
$0.4550
Quarterly0.00%
Jul 15, 2016
Jul 29, 2016Aug 15, 2016
$0.4550
$0.4550
Quarterly+4.60%
Apr 15, 2016
Apr 29, 2016May 16, 2016
$0.4350
$0.4350
Quarterly0.00%
Jan 15, 2016
Jan 29, 2016Feb 16, 2016
$0.4350
$0.4350
Quarterly0.00%
Oct 15, 2015
Oct 30, 2015Nov 16, 2015
$0.4350
$0.4350
Quarterly0.00%
Jul 15, 2015
Jul 31, 2015Aug 14, 2015
$0.4350
$0.4350
Quarterly+3.57%
Apr 15, 2015
Apr 30, 2015May 15, 2015
$0.4200
$0.4200
Quarterly0.00%
Jan 15, 2015
Jan 30, 2015Feb 17, 2015
$0.4200
$0.4200
Quarterly0.00%
Oct 15, 2014
Oct 31, 2014Nov 14, 2014
$0.4200
$0.4200
Quarterly0.00%
Jul 15, 2014
Jul 31, 2014Aug 15, 2014
$0.4200
$0.4200
Quarterly+3.70%
Apr 15, 2014
Apr 30, 2014May 15, 2014
$0.4050
$0.4050
Quarterly0.00%
Jan 15, 2014
Jan 31, 2014Feb 14, 2014
$0.4050
$0.4050
Quarterly-
nnn

NNN REIT, Inc. Payout Ratio Analysis

NNN ยท NYSE
Dividends Paid
-443.20M
2025
Net Income
389.78M
2025
Payout Ratio
113.71%
2025

Dividend Sustainability Analysis

Payout Ratio
113.71%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
66.4%

Solid FCF coverage. Dividend appears sustainable with reasonable cushion for maintaining capital expenditures and handling temporary setbacks.

Dividend Growth
-5.5%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.