NNN REIT Raises Quarterly Dividend 3.33% to $0.62 Per Share

NNN REIT, Inc. (NYSE: NNN) has announced a quarterly dividend increase of 3.33%, raising the payout to $0.62 per share. The new dividend will be paid to shareholders of record as of the ex-dividend date, which is set for July 31, 2026. This marks the company's 35th consecutive year of dividend increases, underscoring its long-term commitment to returning value to shareholders.

The numbers

NNN's previous quarterly dividend was $0.60 per share, and the new $0.62 per share represents a $0.02 increase. The company's recent payment history shows a consistent pattern: $0.58 per share on April 30, 2025, followed by $0.60 per share on July 31, 2025, October 31, 2025, January 30, 2026, and April 30, 2026. With the new rate, the annualized dividend per share is $2.48, based on the current quarterly rate. At the current stock price of $47.52, the trailing twelve-month (TTM) yield is 5.09%, with a TTM dividend per share of $2.42. Over the past five years, NNN has grown its dividend at a compound annual growth rate (CAGR) of 2.7%.

What it means for income investors

For income-focused investors, the new quarterly dividend of $0.62 per share translates to an annualized payout of $2.48 per share. On a 100-share position, that would equate to $248 per year in dividend income, up from $240 previously. This increase reinforces NNN's status as a reliable dividend payer, with a track record of 35 consecutive years of increases. The ex-dividend date of July 31, 2026, is important for investors looking to capture the upcoming payment.

Reporting based on: DividendSmart market data. Figures verified against market data where available.