Welcome to our dedicated page for NNN REIT news (Ticker: NNN), a resource for investors and traders seeking the latest updates and insights on NNN REIT stock.
NNN REIT Inc (NYSE: NNN) is a leading real estate investment trust specializing in single-tenant retail properties across the United States. This page serves as your centralized source for official company announcements, financial updates, and strategic developments.
Access timely updates including quarterly earnings reports, property acquisitions, lease renewals, and dividend declarations. Our curated news collection helps investors track operational performance through key metrics, portfolio expansion efforts, and management commentary.
Discover press releases covering NNN's focus on net lease investments, tenant diversification strategies, and geographic expansion in high-growth markets. Stay informed about the REIT's adherence to disciplined capital allocation and its impact on funds from operations (FFO).
Bookmark this page for direct access to primary source materials from NNN REIT Inc, ensuring you never miss critical updates affecting this retail property specialist. Check regularly for new filings and analysis-ready information presented in clear, accessible format.
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.
NNN REIT has scheduled its first quarter 2025 earnings release for Thursday, May 1, 2025, before market opening. The company will host a conference call at 10:30 a.m. ET on the same day to discuss financial and operating results.
Investors can access the conference call through multiple channels: via webcast on the company's website (www.nnnreit.com), or by phone using the dial-in numbers 888-506-0062 (US) or 973-528-0011 (international) with participant code 696567. A replay will be available through May 8, 2025, by calling 877-481-4010 (US) or 919-882-2331 (international) with code 52285.
NNN REIT has reported its 2024 annual results and 2025 guidance. The company achieved notable financial growth with FFO per share increasing 2.5%, Core FFO up 1.8%, and AFFO rising 2.8% over 2023. Key highlights include:
The REIT completed $565.4 million in property investments, acquiring 75 properties with a 7.7% initial cash cap rate. They maintained a high occupancy rate of 98.5% and marked their 35th consecutive year of dividend increases. The company sold 41 properties for $148.7 million, generating $42.3 million in gains.
For 2025, NNN REIT projects Core FFO guidance of $3.33 to $3.38 per share and AFFO of $3.39 to $3.44 per share. The company enters 2025 with strong liquidity, including a fully available $1.2 billion credit facility and approximately $200 million in free cash flow.
NNN REIT has announced the tax classification of its 2024 dividends paid to common shareholders. 99.8471% of the dividends are classified as taxable distributions. The total dividend paid was $2.29 per share, with $2.286498 classified as ordinary dividends and $0.003502 as non-taxable distributions. The ordinary dividends qualify for the 20% qualified business income deduction under Section 199A.
This dividend payment marks the thirty-fifth consecutive annual dividend increase for NNN REIT. As of September 30, 2024, the company owned 3,549 properties across 49 states, comprising approximately 36.6 million square feet of gross leasable area, with a weighted average remaining lease term of 10.0 years.
NNN REIT (NYSE: NNN) has declared a quarterly dividend of 58 cents per share, payable on February 14, 2025, to shareholders of record as of January 31, 2025. The company distinguishes itself as one of only three publicly traded REITs that have increased their annual dividend for 35 or more consecutive years.
As of September 30, 2024, NNN REIT's portfolio comprises 3,549 properties across 49 states, with approximately 36.6 million square feet of gross leasable area. The company's properties maintain a weighted average remaining lease term of 10.0 years, primarily focusing on high-quality retail properties under long-term, net leases.
NNN REIT (NYSE: NNN) announced that Kevin B. Habicht will retire as Executive Vice President, Chief Financial Officer, Assistant Secretary, and Treasurer effective March 31, 2025. Vincent H. Chao will succeed him, joining as Executive Vice President on January 9, 2025, and assuming the CFO role on April 1, 2025.
Habicht has served the company for 32 years, holding the CFO position since December 1993 and serving as a board member since June 2000. His successor, Chao, brings extensive experience from his previous role as Managing Director, Finance at RPT Realty and as Head of U.S. REIT Research at Deutsche Bank Securities.
NNN REIT currently owns 3,549 properties across 49 states, with approximately 36.6 million square feet of gross leasable area and a weighted average remaining lease term of 10.0 years. The company is notable for being one of only three publicly traded REITs to have increased annual dividends for 35 or more consecutive years.
NNN REIT reported its Q3 2024 financial results with notable growth in key metrics. Revenues increased to $218.6M from $205.1M in Q3 2023. FFO and Core FFO per share both rose 3.7% to $0.84, while AFFO per share grew 2.4% to $0.84. The company maintained a high occupancy rate of 99.3% with a 10-year weighted average lease term.
During Q3, NNN invested $113.6M in property acquisitions at a 7.6% initial cash cap rate and sold nine properties for $20.0M. The company raised $178.9M through common share issuance and narrowed its 2024 Core FFO guidance to $3.28-$3.32 per share.
NNN REIT, a real estate investment trust, has declared a quarterly dividend of 58 cents per share, payable on November 15, 2024 to shareholders of record as of October 31, 2024. This announcement highlights NNN's status as one of only three publicly traded REITs to have increased its annual dividend for 35 or more consecutive years.
NNN REIT specializes in investing in high-quality retail properties with long-term, net leases. As of June 30, 2024, the company owned 3,548 properties across 49 states, encompassing approximately 36.1 million square feet of gross leasable area. The weighted average remaining lease term for these properties is 10.0 years.
NNN REIT, Inc. (NYSE: NNN) has announced its Q2 2024 operating results and increased guidance for 2024. Key highlights include:
- Revenues increased to $216,813,000 in Q2 2024, up from $202,640,000 in Q2 2023
- Net earnings per share rose to $0.58, compared to $0.54 in the same quarter last year
- AFFO per share grew 5.0% to $0.84
- Maintained high occupancy levels at 99.3%
- Invested $110.5 million in property acquisitions at an initial cash cap rate of 7.9%
- Increased Core FFO guidance for 2024 to $3.27-$3.33 per share
- Raised the quarterly dividend by nearly 3% to $0.58 per share, marking the 35th consecutive year of dividend increases
NNN REIT, Inc. (NYSE: NNN) has announced a 2.7% increase in its quarterly dividend to 58 cents per share, payable on August 15, 2024, to shareholders of record as of July 31, 2024. This marks the 35th consecutive annual dividend increase for the company, making it one of only three publicly traded REITs to achieve this milestone. CEO Steve Horn attributes this consistent growth to a disciplined capital deployment strategy and a strong, flexible balance sheet.
As of March 31, 2024, NNN REIT owned 3,546 properties across 49 states, with a gross leasable area of approximately 36.1 million square feet and a weighted average remaining lease term of 10.0 years. The company primarily invests in high-quality retail properties subject to long-term, net leases.
