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Earnings

NNN REIT, Inc. Announces Second Quarter 2025 Results and Increased 2025 Guidance

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NNN REIT, Inc. (NYSE: NNN) today announced Q2 2025 results. Core FFO was $0.84/share and AFFO was $0.85/share. Closed on $232.5 million of investments at an initial cash cap rate of 7.4% with a weighted average lease term of 17.8 years. Acquisition guidance for 2025 was increased to a range of $600-$700 million. Pro forma for the 2031 Notes, the Company had a sector leading weighted average debt maturity of 11.0 years, no encumbered assets, no floating rate debt and $1.4 billion of total available liquidity. NNN’s 3.4% increase in the third quarter 2025 quarterly dividend to $0.60 per share marked the Company's 36th consecutive annual dividend increase.

Other News

NNN REIT, Inc. Appoints Joshua P. Lewis Executive Vice President, Chief Investment Officer

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Orlando, Florida, August 1, 2025 – The Board of Directors of NNN REIT, Inc. (NYSE: NNN), a real estate investment trust, today announced that Joshua P. Lewis has been appointed Executive Vice President, Chief Investment Officer. Mr. Lewis is responsible for leading the Company’s real estate investments, including structuring, negotiation, and deal execution. Mr. Lewis has held roles of increasing responsibility within the Acquisitions team since joining the Company in 2008 and has served as Senior Vice President, Head of Acquisitions since August 2022.

Dividend

Increased Common Dividend Declared by NNN REIT, Inc.

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NNN REIT, Inc. (NYSE: NNN) today announced a quarterly dividend of 60 cents per share payable August 15, 2025 to shareholders of record as of July 31, 2025. The 3.4 percent increase in the quarterly dividend marks NNN’s 36th consecutive annual dividend increase. NNN is one of only three publicly traded REITs to have increased its annual dividend for 36 or more consecutive years.

Earnings

NNN REIT, Inc. Announces Second Quarter 2025 Earnings Release Date and Conference Call Details

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NNN REIT, Inc. (NYSE: NNN) today announced that it will release its results for the second quarter 2025, before the market opens on Tuesday, August 5, 2025. The Company will host a conference call that day at 10:30 a.m. ET to discuss its financial and operating results. A live webcast of the conference call will be available on the Company’s website at www.nnnreit.com or by using the following link. The conference call can also be accessed by dialing 888-506-0062 in the U.S. or 973-528-0011 for international callers and entering the participant code 385344 or referencing NNN REIT, Inc. A telephonic replay of the call will be available through August 12, 2025, by dialing 877-481-4010 in the U.S. or 919-882-2331 internationally and entering the code 52652.

Other News

NNN REIT, Inc. Prices Offering of $500 Million of 4.600% Senior Unsecured Notes Due 2031

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NNN REIT, Inc. (NYSE: NNN) today announced that it has priced its public offering of $500,000,000 of 4.600% senior unsecured notes due 2031. The notes were offered at 99.182% of the principal amount with a yield to maturity of 4.766%. Interest on the notes will be payable semi-annually on February 15 and August 15 of each year, commencing on February 15, 2026. The notes mature on February 15, 2031. The offering is expected to close on or about July 1, 2025, subject to customary closing conditions.

Dividend

Common Dividend Declared by NNN REIT, Inc.

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Orlando, Florida, April 15, 2025 – The Board of Directors of NNN REIT, Inc. (NYSE: NNN) (“NNN” or the “Company”), a real estate investment trust, today announced a quarterly dividend of 58 cents per share payable May 15, 2025 to shareholders of record as of April 30, 2025. NNN is one of only three publicly traded REITs to have increased its annual dividend for 35 or more consecutive years.

Earnings

NNN REIT, Inc. Announces First Quarter 2025 Earnings Release Date and Conference Call Details

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NNN REIT, Inc. (NYSE: NNN) today announced that it will release its results for the first quarter 2025, before the market opens on Thursday, May 1, 2025. The Company will host a conference call that day at 10:30 a.m. ET to discuss its financial and operating results. A live webcast of the conference call will be available on the Company’s website at www.nnnreit.com.

Earnings

2024 Annual Results and 2025 Guidance Announced By NNN REIT, Inc.

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NNN REIT, Inc. (NYSE: NNN) today announced 2024 annual results and 2025 guidance. 2024 FFO and Core FFO were $3.32/share and 2024 AFFO was $3.35/share. Fourth Quarter 2024 FFO, Core FFO and AFFO were $0.82/share. Core FFO guidance for 2025 was announced with an estimated range of $3.33-$3.38/share. 2024 occupancy was 98.5%. $565.4 million was invested in real estate, including 75 properties. NNN’s 30-year average annual total return is 11.1%.