Increasing Dividends

The Power of Consistency is

Profound

First Quarter 2024 Operating Results Announced by NNN REIT, Inc.

NNN REIT, Inc. (NYSE: NNN) today announced Q1 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 99.4%. $124.5 million was invested in 20 properties. NNN maintains an 11.8-year weighted average debt maturity. Read More

5.4%

Total Shareholder Return Comparison

	1 Year	5 Years	10 Years	15 Years	20 Years	25 Years	30 Years
NNN REIT	2.3%	-0.3%	7.0%	12.4%	9.8%	12.3%	10.9%
Indices
* NAREIT Equity REIT Index (FNERTR)	8.0%	4.0%	6.9%	13.6%	7.6%	9.6%	9.4%
* Morgan Stanley REIT Index (RMS G)	10.4%	4.1%	6.5%	13.5%	7.4%	9.4%	N/A
S&P 500 Index (SPX)	30.0%	15.0%	12.9%	15.6%	10.1%	7.8%	10.7%
* S&P 400 Index (MID)	23.4%	11.7%	10.0%	14.7%	10.0%	10.4%	11.7%

For Periods Ending March 31, 2024. Total Return comprised of stock price appreciation plus dividends paid.

* NNN is a member of this index. Source: Bloomberg

Investor Information

NNN REIT shareholders have enjoyed a 30-year average annual total return of 10.9% and we have increased our annual dividend for 34 consecutive years, the third longest track record of all REITs. Read More

Property Portfolio

Our portfolio is 99.4% occupied and we own 3,546 properties across 49 states leased to approximately 400 tenants in 37 different lines of trade. Read More
Property Portfolio

Our portfolio is 99.4% occupied and we own 3,546 properties across 49 states leased to approximately 400 tenants in 37 different lines of trade. Read More
Property Portfolio

Our portfolio is 99.4% occupied and we own 3,546 properties across 49 states leased to approximately 400 tenants in 37 different lines of trade. Read More
Property Portfolio

Our portfolio is 99.4% occupied and we own 3,546 properties across 49 states leased to approximately 400 tenants in 37 different lines of trade. Read More
Property Portfolio

Our portfolio is 99.4% occupied and we own 3,546 properties across 49 states leased to approximately 400 tenants in 37 different lines of trade. Read More
Property Portfolio

Our portfolio is 99.4% occupied and we own 3,546 properties across 49 states leased to approximately 400 tenants in 37 different lines of trade. Read More

Culture & Corporate Responsibility

The average tenure of an NNN REIT employee is 12 years, and our senior management team averages 21 years. Half of our employees have been with the company for more than ten years. Learn More