NYSE:NNN Dividend Yield: 5.5%
NNN in the news: NNN REIT, Inc. Announces First Quarter 2025 Results and Maintains 2025 Guidance > DOWNLOAD THE CURRENT ANNUAL REPORT >

First Quarter 2024 Operating Results Announced by NNN REIT, Inc.

Release Type

Download - PDF

NNN REIT, Inc. (NYSE: NNN) today announced Q1 2024 results. FFO and Core FFO were $0.83/share, and AFFO was $0.84/share; FFO increased 3.8% over the prior year and occupancy was 99.4%. $124.5 million was invested in 20 properties. NNN maintains an 11.8-year weighted average debt maturity.

Dividend Yield

5.5%

Total Shareholder Return Comparison

	1 Year	5 Years	10 Years	15 Years	20 Years	25 Years	30 Years
NNN REIT	5.3%	11.5%	5.3%	9.5%	10.0%	12.4%	11.3%
Indices
* NAREIT Equity REIT Index (FNERTR)	9.2%	9.5%	5.7%	8.9%	7.6%	9.9%	9.7%
* Morgan Stanley REIT Index (RMS G)	10.2%	11.3%	5.3%	8.7%	7.5%	9.7%	9.5%
S&P 500 Index (SPX)	8.2%	18.6%	12.5%	13.1%	10.2%	7.4%	10.5%
* S&P 400 Index (MID)	-2.7%	16.9%	8.4%	10.8%	9.3%	8.8%	11.2%

For Periods Ending March 31, 2025. Total Return comprised of stock price appreciation plus dividends paid.

* NNN is a member of this index. Source: Bloomberg