- 36th consecutive annual dividend increase by NNN REIT (NNN, Financial)
- Quarterly dividend rises by 3.4% to $0.60 per share
- One of only three publicly traded REITs to achieve such consistency
NNN REIT, Inc. (NNN), a prominent real estate investment trust, has announced an increase in its quarterly dividend to $0.60 per share, marking a 3.4% hike from the previous dividend. This new dividend will be payable on August 15, 2025, to shareholders of record as of July 31, 2025.
This milestone marks the 36th consecutive year of increased annual dividends by NNN, positioning it as one of only three publicly traded REITs to maintain such a consistent growth trajectory. NNN's CEO, Steve Horn, attributes this ongoing success to the company's long-term operational perspective, a disciplined capital allocation strategy, and a robust balance sheet.
As of March 31, 2025, NNN REIT owns a diverse portfolio of 3,641 properties across all 50 states, with a gross leasable area totaling approximately 37.3 million square feet and an average remaining lease term of ten years. This strategic asset management has enabled NNN to deliver reliable returns to shareholders year-on-year.
