NNN REIT, Inc.

NNN REIT, Inc. (NYSE: NNN) today announced Q3 2024 results. FFO, Core FFO and AFFO were $0.84/share. FFO and Core FFO increased 3.7% over the prior year and occupancy was 99.3%. $113.6 million was invested in property investments. 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. https://lnkd.in/ewDYssV #NYSEnnn #NNNREIT #IncreasingDividends

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. https://lnkd.in/ewDYssV #NNNREIT #NYSEnnn #IncreasingDividends #Dividends

On August 1, NNN REIT, Inc. (NYSE: NNN) announced Q2 2024 operating results and increased 2024 guidance. 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. https://lnkd.in/ewDYssV #NYSEnnn #NNNREIT #IncreasingDividends

NNN REIT, Inc. (NYSE: NNN) today announced an increased quarterly dividend of $0.58/sh payable 8/15/24 to shareholders of record as of 7/31/24. The 2.7% increase in the quarterly dividend marks the 35th consecutive annual dividend increase. NNN is one of only three publicly traded REITs to have increased its annual dividend for 35 or more consecutive years. https://lnkd.in/ewDYssV #NNNREIT #NYSEnnn #IncreasingDividends #Dividends

NNN REIT, Inc. (NYSE: NNN) today announced that it has priced its public offering of $500 Million of 5.500% senior unsecured notes due 2034. The notes were offered at 98.768% of the principal amount with a yield to maturity of 5.662%. Interest on the notes will be payable semi-annually on June 15 and December 15 of each year, commencing on December 15, 2024. The notes mature on June 15, 2034. The offering is expected to close on or about May 29, 2024, subject to customary closing conditions. #NYSEnnn #NNNREIT #IncreasingDividends

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. https://lnkd.in/ewDYssV #NYSEnnn #NNNREIT #IncreasingDividends

NNN REIT, Inc. (NYSE: NNN) announced the amendment of its unsecured bank credit facility. The amendment increases the available borrowing capacity under the credit facility from $1.1 billion to $1.2 billion. The amended facility matures April 2028, with options to extend maturity to April 2029. All other material loan provisions, including pricing, are unchanged. The amended facility also includes an accordion feature to increase the facility size up to $2.0 billion. https://lnkd.in/ewDYssV #NNNREIT #NYSEnnn #IncreasingDividends

The Board of Directors of NNN REIT, Inc. (NYSE: NNN) today announced a quarterly dividend of 56.5 cents per share payable May 15, 2024 to shareholders of record as of April 30, 2024. NNN is one of only three publicly traded REITs to have increased its annual dividend for 34 or more consecutive years. www.nnnreit.com #NNNREIT #NYSEnnn #IncreasingDividends #Dividends

Happy International Women's Day 2024! Today is #InternationalWomensDay2024 and it is an exciting time to be a #female associate at NNN REIT, Inc.!   As one third of an all-female team supporting a company that is comprised of nearly 60% women, #WomensHistoryMonth is something that I look forward to every year. Months in advance, we begin planning a series of events to recognize the women with whom we come into contact in our day to day interactions, the women we are, and the women who inspire us. On Tuesday we kicked off the month with a beautifully catered luncheon and a thought in mind: #StrongerTogether.   One third of our Board of Directors is female and we were fortunate to have two of these women in attendance this year. Our longest serving female board member, Pamela Beall,  took the time to present to us, sharing her view of the corporate world from her perspective, her incredible journey, and realistic steps we can all take to be successful in any profession.   Ms. Beall’s presentation was followed by one from Amber Orman, MD DipABLM, Chief Wellness Officer at AdventHealth. Here’s the reality for most people: stress and burnout can happen from time to time, and it’s how to deal with it in the healthiest possible way that was the focus of what Dr. Orman had to share with us. Dr. Orman’s passion for plant based eating and lifestyle medicine shined through as she discussed some steps we can take ranging from the simple stretch to the seemingly impossible food cuts to find our healthiest selves. And while I may not find myself cutting out the potato chips anytime soon, there was certainly something for everyone within her seminar.   Many thanks to Pearson's Catering, Pamela Beall, and Amber Orman, MD DipABLM for making this year’s event unforgettable! Every woman walked out having learned something and feeling invigorated!   The best part about it all is that we’re just getting started! Coming up, we have a service project in support of the Coalition for the Homeless of Central Florida, and a special #WomenTalkMoney webinar featuring Viola Davis presented by Fidelity Investments.   As individuals we can certainly get things done but as a collective we are unstoppable! 

NNN REIT, Inc. celebrated the 30th anniversary of its listing on the New York Stock Exchange by ringing The Closing Bell®. #NYSEnnn #NNNREIT #NYSE #IncreasingDividends