Tuesday,
July 15st the Board of Directors of NNN REIT, Inc. (NNN) announced
a quarterly dividend increase of from $0.58 to $0.60 per share,
that’s payable August 15, 2025 to holders of record July 31, 2025.
This represents a 3.45% increase over the last quarterly dividend.
Steve Horn, Chief Executive Officer,
commented: “Operating with a long-term perspective has positioned NNN to increase its annual
dividend for the 36th consecutive year. Our consistent growth reflects the strength of our
disciplined capital allocation strategy, supported by our solid and
flexible balance sheet.”
At the current price of $42.89
(yesterday's close), this increase will raise NNN's dividend yield to
5.60%.