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NNN REIT, Inc. Announces $200 Million Incremental Term Loan and Amendment to Term Loan and Credit Facility Pricing

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NNN REIT, Inc. (NYSE: NNN) today announced the exercise of its $200 million incremental term loan option, increasing the total facility to $500 million, along with amendments to improve pricing on its term loan and revolving credit facility. These actions enhance the Company’s financial flexibility while lowering its cost of capital, supporting NNN’s long-term growth strategy.

Dividend

Common Dividend Declared by NNN REIT, Inc.

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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 60 cents per share payable May 15, 2026 to shareholders of record as of April 30, 2026. 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 2025 Annual Results and Initial 2026 Guidance

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NNN REIT, Inc. (NYSE: NNN) announced 4Q and YE 2025 results and initial 2026 guidance. Fourth quarter FFO, Core FFO and AFFO were each $0.87 per share. In 2025, NNN closed on $931.0 million of investments at an initial cash cap rate of 7.4% with a weighted average lease term of 17.6 years. NNN sold 116 properties in 2025 for $190.5 million at a weighted average cap rate of 6.4%. 2026 AFFO guidance was introduced at a range of $3.52-$3.58 per share.

Dividend

Common Dividend Declared by NNN REIT, Inc.

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The Board of Directors of NNN REIT, Inc. (NYSE: NNN) announced a quarterly dividend of 60 cents per share payable February 13, 2026, to shareholders of record as of January 30, 2026. NNN is one of only three publicly traded REITs to have increased its annual dividend for 36 or more consecutive years.

Dividend

NNN REIT, Inc. Announces 2025 Dividend Tax Status

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NNN REIT, Inc. (NYSE: NNN) announced that 95.3188% of dividends paid to common shareholders in 2025 are classified for federal income tax purposes as a taxable distribution. The remaining 4.6812% are classified as non-taxable distributions. The $2.36/sh common dividend paid in 2025 marked NNN’s 36th consecutive annual dividend increase.