NNN REIT — NNN REIT, Inc.

NNN REIT, Inc. (NNN)

NNN is a low-cost REIT. As of August 19, 2026, its distribution rate is 5.20%, its trailing-12-month yield is 5.28%. Dividend Vision Distribution Safety Score™ is 100/100 (Safe). Its deepest 1-year drawdown was 8.6%.

At the current 5.20% distribution rate, a $10,000 investment would generate approximately $520 per year, or $43.33 per month on an equivalent basis. Actual quarterly payments vary.

NNN REIT is a net lease REIT that acquires, owns, and manages single-tenant retail properties across the United States, Puerto Rico, and the District of Columbia under long-term net leases designed to minimize capital requirements. The company currently offers a high distribution rate paid quarterly and has distinguished itself as a Dividend Aristocrat with more than 35 consecutive years of dividend increases. The REIT appeals to income-focused investors seeking stable, long-term distributions from a diversified portfolio of retail real estate properties.

NNN performance

Data as of August 19, 2026.

Its deepest 1-year drawdown was 8.6%.

NNN key facts

Data as of August 19, 2026.

Distribution Safety Score™

100 · Safe

Safety-Adjusted Yield

5.20%

Issuer

NNN REIT

Asset type

REIT

Asset class

Real Estate

Distribution rate

5.20%

Distribution frequency

Quarterly

Trailing yield

5.28%

5-year average yield

5.19

Last close

$45.83

Market cap

$8,781,855,744

Average volume

1348090.0

Last dividend

$0.6200

Ex-dividend date

07/31/2026

Payment date

08/14/2026

Beta

0.783

Payout ratio

1.0126

P/E ratio

22.6275

Forward P/E

21.5983

EPS

$2.04

How Dividend Vision calculates yield and returns

Distribution rate (5.20%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (5.28%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: NNN REIT fund page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NNN risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 8.6%.

Who may consider NNN — and who may not

NNN may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (NNN pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Compare NNN

NNN vs similar funds:

• NNN vs ADC
• NNN vs O
• NNN vs ADC vs O

Frequently asked questions

More funds from NNN REIT.