Trailing Dividend / Share
$2.38
NNN REIT, Inc. (NNN) Dividend History
Income profile from 1985 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
N/A
Payout Ratio
N/A
Unknown
Dividend Streak
35 years
3-Second Income Check
Safety
Payout ratio data not available yet.
Consistency
35 straight years of dividend increases.
Income Trend
Yield on cost is 6.0% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend YieldN/A
Trailing DPS$2.38
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings PayoutN/A
Earnings SafetyUnknown
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score4/9
Growth
Growth Streak35 years
3Y CAGR3.0%
5Y CAGR2.7%
Yield on Cost (5Y)6.0%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield0.0%
1Y Total Return12.4%
5Y Total Return29.8%
Div Contribution (5Y)25.8%
Estimated $10K growth (return + dividends):
5Y ago$12,98310Y ago$15,07820Y ago$35,905
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
NNN REIT, Inc. has limited earnings payout data (Unknown).
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
NNN has raised its dividend for 35 consecutive years, with a 3-year CAGR of 3.0% and 5-year CAGR of 2.7%.
Total Shareholder Returns
Beyond cash dividends, NNN returns capital through share repurchases. The combined picture: 0.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 6.0% and is currently rising. The 5-year total return is 29.8%, with dividends contributing 25.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $15,078 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$11.22
Avg/Payment$0.5610
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jan 30, 2026Latest | $0.6000 | — | 5.71% | Feb 13, 2026 |
| Oct 31, 2025 | $0.6000 | — | 5.83% | Nov 14, 2025 |
| Jul 31, 2025 | $0.6000 | ↑ +3.4% | 5.67% | Aug 15, 2025 |
| Apr 30, 2025 | $0.5800 | — | 5.64% | May 15, 2025 |
| Jan 31, 2025 | $0.5800 | — | 5.85% | Feb 14, 2025 |
| Oct 31, 2024 | $0.5800 | — | 5.27% | Nov 15, 2024 |
| Jul 31, 2024 | $0.5800 | ↑ +2.7% | 5.07% | Aug 15, 2024 |
| Apr 29, 2024 | $0.5650 | — | 5.56% | May 15, 2024 |
Dividend Peer Comparison
Peer group: Net Lease Retail REITs
Div Yield
—
—
Safety
Unknown
— payout
Streak
35Y
2.7% 5Y CAGR
Total Shareholder
0.0%
#4 of 4
Annual Dividend History
42 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.60 | — | 1 | — | — | — | 1.5% |
| 2025 | $2.36 | 3.1% | 4 | $2.07 | 114.0% | 0.88x | 6.0% |
| 2024 | $2.29 | 2.7% | 4 | $2.15 | 106.5% | 0.94x | 5.8% |
| 2023 | $2.23 | 3.2% | 4 | $2.16 | 103.2% | 0.97x | 5.7% |
| 2022 | $2.16 | 2.9% | 4 | $1.89 | 114.3% | 0.87x | 5.5% |
| 2021 | $2.10 | 1.4% | 4 | $1.51 | 139.1% | 0.72x | 5.3% |
| 2020 | $2.07 | 2.0% | 4 | $1.22 | 169.7% | 0.59x | 5.3% |
| 2019 | $2.03 | 4.1% | 4 | $1.56 | 130.1% | 0.77x | 5.2% |
| 2018 | $1.95 | 4.8% | 4 | $1.65 | 118.2% | 0.85x | 5.0% |
| 2017 | $1.86 | 4.5% | 4 | $1.45 | 128.3% | 0.78x | 4.7% |
See NNN's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does NNN pay per share?
NNN REIT, Inc. (NNN) pays a trailing 12-month dividend of $2.38 per share, with a current dividend yield of N/A. Payments are made Annual.
When is NNN's next ex-dividend date?
NNN's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. NNN typically pays dividends Annual.
Is NNN's dividend safe?
NNN's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of N/A. With 35 consecutive years of dividend growth, the track record supports sustainability.
Is NNN a Dividend Aristocrat?
Yes, NNN REIT, Inc. is classified as a Dividend Aristocrat with 35 consecutive years of dividend increases. The 5-year dividend CAGR is +2.7%, demonstrating modest dividend growth.
How often does NNN pay dividends?
NNN REIT, Inc. pays dividends Annual. The trailing 12-month total is $2.38 per share. Dividend data on this page covers 41+ years from 1985 to 2026.
How much would $10,000 invested in NNN grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in NNN five years ago would be worth approximately $12,983 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is NNN's yield on cost for long-term holders?
NNN's yield on cost — the current dividend divided by the original purchase price — is +6.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's N/A market yield, thanks to consistent dividend growth.