NNN REIT raises quarterly dividend to 62 cents, extending annual-increase streak to 37 years
ORLANDO, Fla., July 15. NNN REIT, Inc. (NYSE: NNN) declared a quarterly cash dividend of 62 cents per share on Tuesday, the company said, carrying the real estate investment trust's record of consecutive annual dividend increases to 37 years. The Board of Directors approved the payment, payable August 14.
Key takeaways
- NNN REIT declared a quarterly cash dividend of 62 cents per share on July 15, 2026, payable August 14, 2026.
- The dividend extends the REIT's record of consecutive annual dividend increases to 37 years, dating back to the late 1980s.
- NNN REIT is headquartered in Orlando, Fla., and trades on the New York Stock Exchange under the ticker symbol NNN.
- The company's Board of Directors approved the dividend payment.
- The announcement provided no comparison to the prior quarterly rate and no explanation of the increase's size.
ORLANDO, Fla., July 15. NNN REIT, Inc. (NYSE: NNN) declared a quarterly cash dividend of 62 cents per share on Tuesday, the company said, carrying the real estate investment trust's record of consecutive annual dividend increases to 37 years. The Board of Directors approved the payment, payable August 14.
Thirty-seven years, unbroken
The 37-year streak is the figure NNN REIT placed at the front of its Tuesday announcement. At that length, the run extends back to the late 1980s. The release provided no comparison to the prior quarterly rate and no commentary explaining the size of the increase.
Real estate investment trusts operate under federal tax rules requiring distribution of at least 90 percent of taxable income to shareholders, making the dividend a primary channel for returning capital to investors.
Payment terms
NNN REIT is headquartered in Orlando, Fla., and trades on the New York Stock Exchange under the ticker symbol NNN. The Board of Directors declared the dividend on July 15, 2026, the release shows. The 62 cents per share is payable August 14, 2026.
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