Historic Dividend Tax Treatment: NNN Common Stock
Total Dividend
Per Share
Ordinary
Income
Qualified
Dividend
Total Capital Gain
Distribution
Unrecaptured
Section
1250 Gain
Qualified
5-Year Gain
Return of
Capital
2025 $2.36 95.3188% – – – – 4.6812%
2024 $2.29 99.8471% – – – – 0.1529%
2023 $2.23 98.3245% – – – – 1.6755%
2022 $2.16 99.8301% – – – – 0.1699%
2021 $2.10 76.9406% – – – – 23.0594%
2020 $2.07 80.1814% – – – – 19.8186%
2019 $2.03 86.8423% – – – – 13.1577%
2018 $1.95 85.0566% – 2.9924% 2.1958% – 11.9510%
2017 $1.86 83.8592% – 2.5395% 0.6556% – 13.6013%
2016 $1.78 85.0396% – – – – 14.9604%
2015 $1.71 80.8362% 1.1114% 1.1030% 0.6465% – 18.0608%
2014 $1.65 79.5881% 0.3765% 1.4524% 0.9310% – 18.9595%
2013 $1.60 80.0845% 3.5490% 0.0406% 0.0406% – 19.8749%
2012 $1.56 77.7147% 0.8555% 4.5031% 3.1340% – 17.7822%
2011 $1.53 71.1260% – – – – 28.8740%
2010 $1.51 76.4309% 5.4080% 0.0900% 0.0330% – 23.4791%
2009 $1.50 99.6788% – 0.3212% 0.1178% – 0.0000%
2008 $1.48 100.000% – – – – 0.0000%
2007 $1.40 99.8440% 0.0296% 0.1560% – – 0.0000%
2006 $1.32 87.18% – 12.82% 1.44% – 0.00%
2005 $1.30 99.46% 17.27% 0.17% 0.17% – 0.37%
2004 $1.29 70.99% – 6.34% 3.21% – 22.67%
2003 $1.28 75.71% – 3.25% 2.88% 0.37% 21.04%
2002 $1.27 92.41% – 0.88% 0.41% – 6.71%
2001 $1.26 97.37% – 2.63% 2.63% – 0.00%
2000 $1.245 91.19% – 8.81% 4.46% – 0.00%
1999 $1.24 90.54% – 1.96% 1.41% – 7.50%
1998 $1.23 88.94% – – – – 11.06%
1997 $1.20 91.36% – – – – 8.64%
1996 $1.18 90.17% – – – – 9.83%
1995 $1.16 79.18% – – – – 20.82%
1994 $1.14 83.10% – – – – 16.90%
1993 $1.10 88.23% – 11.77% – – 0.00%
1992 $1.08 89.32% – 0.52% – – 10.16%
1991 $1.06 81.52% – 0.40% – – 18.08%
Historic Dividend Tax Treatment: NNN Preferred Stock
Total Dividend Ordinary
Income
Qualified
Dividend 1
Total Capital
Gain
Distribution
Unrecaptured
Section
1250 Gain 2
Preferred Series E
(CUSIP# 637417809)
$1.42 96.6015% 0.0000% 3.3985% 2.4938%
Preferred Series F
(CUSIP# 637417874)
$1.30 96.6015% 0.0000% 3.3985% 2.4938%
2017 Preferred Series D
(CUSIP# 637417601)
$0.31 97.0607% 0.0000% 2.9393% 0.7589%
Preferred Series E
(CUSIP# 637417809)
$1.42 97.0607% 0.0000% 2.9393% 0.7589%
Preferred Series F
(CUSIP# 637417874)
$1.30 97.0607% 0.0000% 2.9393% 0.7589%
2016 Preferred Series D
(CUSIP# 637417601)
$1.65 100.0000% 0.0000% 0.0000% 0.0000%
Preferred Series E
(CUSIP# 637417809)
$1.42 100.0000% 0.0000% 0.0000% 0.0000%
Preferred Series F
(CUSIP# 637417874)
$0.23 100.0000% 0.0000% 0.0000% 0.0000%
2015 (CUSIP# 637417601) $1.65 98.6534% 1.4134% 1.3466% 0.7896%
Preferred Series E
(CUSIP# 637417809)
$1.42 98.6534% 1.4134% 1.3466% 0.7896%
2014 Preferred Series D
(CUSIP# 637417601)
$1.65 98.2062% 0.4027% 1.7938% 1.1498%
Preferred Series E
(CUSIP# 637417809)
$1.42 98.2062% 0.4027% 1.7938% 1.1498%
2013 Preferred Series D
(CUSIP# 637417601)
$1.65 99.9491% 3.9296% 0.0509% 0.0509%
Preferred Series E
(CUSIP# 637417809)
$0.77 99.9491% 3.9296% 0.0509% 0.0509%
2012 Preferred Series D
(CUSIP# 637417601)
$1.34 94.5229% 1.0406%