NNN REIT, Inc. (NYSE: NNN) today announced Q1 2025 results. FFO was $0.85/share, Core FFO was $0.86/share and AFFO was $0.87/share. Core FFO guidance for 2025 was maintained at an estimated range of $3.33-$3.38/share. Q1’25 occupancy was 97.7%. NNN invested $232.4 million in real estate, including 82 properties. NNN’s 30-year average annual total return is 11.3%.
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.
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.
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%.
NNN REIT, Inc. (NYSE: NNN), a real estate investment trust, today announced that 99.8471% of the dividends paid to common shareholders in 2024 are classified for federal income tax purposes as a taxable distribution.
The Board of Directors of NNN REIT, Inc. (NYSE: NNN), a real estate investment trust, today announced a quarterly dividend of 58 cents per share payable February 14, 2025 to shareholders of record as of January 31, 2025. NNN is one of only three publicly traded REITs to have increased its annual dividend for 35 or more consecutive years.
NNN REIT, Inc. (NYSE: NNN) today announced that Kevin B. Habicht, Executive Vice President, Chief Financial Officer, Assistant Secretary, Treasurer and the Company’s principal financial officer, will retire and step down as a member of the Board of Directors effective March 31, 2025. Vincent H. Chao will join NNN as Executive Vice President on January 9, 2025, and assume the positions of Chief Financial Officer, Assistant Secretary and Treasurer and serve as the Company’s principal financial officer effective April 1, 2025.
NNN REIT, Inc. (NYSE: NNN) today announced Q3 2024 results. FFO, Core FFO and AFFO were $0.84/share, and AFFO was $0.84/share; FFO and Core FFO increased 3.7% over the prior year and occupancy was 99.3%. $113.6 million in property investments at an initial cash cap rate of 7.6%. Raised $178.9 million in net proceeds from the issuance of 3,863,700 common shares. NNN has a 12.3-year weighted average debt maturity. Previous 2024 Core FFO guidance was narrowed from a range of $3.27 to $3.33 per share to a range of $3.28 to $3.32 per share.
The Board of Directors of NNN REIT, Inc. (NYSE: NNN), a real estate investment trust, today announced a quarterly dividend of 58 cents per share payable November 15, 2024 to shareholders of record as of October 31, 2024. NNN is one of only three publicly traded REITs to have increased its annual dividend for 35 or more consecutive years
NNN REIT, Inc. (NYSE: NNN) today announced Q2 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 99.3%. $110.5 million was invested in 16 properties. NNN has a 12.6-year weighted average debt maturity. Core FFO guidance for 2024 was increased from a range of $3.25 to $3.31 per share to a range of $3.27 to $3.33 per share.
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% | 10.4% |
* 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
© 2025 NNN REIT, Inc.
450 S. Orange Ave., Ste. 900,
Orlando,
FL 32801
1-800-NNN-REIT (1-800-666-7348)