Hoya Capital

NNN REIT (NNN)

Net Lease | Retail & Restaurant

Company Fundamentals

Hoya research data: Updated Nov 10, 2026, 3:00 AM ET

Alpha Vantage company information: Updated Nov 9, 2026, 11:00 AM ET

NNN REIT (NNN) is tracked in the Hoya Capital REIT and real estate database, classified under Net Lease with a Retail & Restaurant focus. The company came public in 1994. It is categorized as a Mid-Cap name in the database. The company has an equity market capitalization of approximately $8.1 billion. Shares recently traded near $41.69 with a dividend yield of about 5.95 percent. The company pays dividends on a quarterly schedule with a forward annual dividend rate of $2.48 per share. Its FFO payout ratio is roughly 70 percent. The dividend was raised by about 3.4 percent over the past year. The stock is priced at roughly 11.5 times estimated 2026 funds from operations. Balance sheet leverage stands near 5.9 times debt to EBITDA. S&P rates the company's credit at BBB+. Moody's rates the company's credit at Baa1. The next scheduled ex-dividend date on file is 2027-01-29. Its management structure is listed as internal in the database. This profile includes fundamentals, dividend history and valuation data from Hoya Capital's research database. Figures reflect their source update dates where available and may change with subsequent research updates.

National Retail Properties invests primarily in high-quality retail properties generally subject to long-term net leases.

Use the REIT directory to explore NNN REIT alongside other companies tracked in the database, or visit the sector research hub for coverage of the broader property sector.

Dividend History

Annual dividends per share
YearDividends per share ($)
2016$1.76
2017$1.84
2018$1.95
2019$2.015
2020$2.065
2021$2.065
2022$2.14
2023$2.195
2024$2.275
2025$2.34
2026$2.48

Annual dividends per share as recorded in the research database, in dollars. The table does not identify individual payment dates or distinguish completed-year totals from estimates. These historical database values are not a guarantee of future distributions.

Company website: www.nnnreit.com