NNN REIT, Inc. (NNN) Dividend
Dividend Aristocrat — 25 consecutive years of dividend increases.
NNN REIT, Inc. (NNN) currently pays a dividend yield of 5.11%, distributing $2.42 per share annually ($0.62 per quarter). The company operates in the Real Estate sector.
NNN has raised its dividend for 25 consecutive years, making it a Dividend Aristocrat — an S&P 500 company with at least 25 straight years of dividend increases.
NNN dividend at a glance
| Dividend Yield | 5.11% |
|---|---|
| Annual Dividend | $2.42 per share |
| Per Payment | $0.62 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | October 31, 2026 |
| Next Payment Date | November 21, 2026 |
| Payout Ratio | 116% |
| Consecutive Years of Dividend Growth | 25 |
| Sector | Real Estate |
| Implied Share Price (from yield) | $47.36 |
What NNN pays on a $10,000 investment
At a 5.11% yield, $10,000 invested in NNN generates about $511.00 per year, or roughly $127.75 every quarter. Share counts below use an implied price of $47.36, derived from the $2.42 annual dividend and the 5.11% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 21.1 | $51.10 | $12.78 |
| $5,000 | 105.6 | $255.50 | $63.88 |
| $10,000 | 211.2 | $511.00 | $127.75 |
| $25,000 | 527.9 | $1,277.50 | $319.38 |
| $100,000 | 2,111.6 | $5,110.00 | $1,277.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
NNN dividend payment schedule
NNN pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is October 31, 2026, with payment on November 21, 2026. Later rows are projected forward at the same interval and will shift when NNN REIT, Inc. declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| October 31, 2026 | November 21, 2026 | $0.62 | Confirmed |
| January 31, 2027 | February 21, 2027 | $0.62 | Projected |
| May 1, 2027 | May 22, 2027 | $0.62 | Projected |
| July 31, 2027 | August 21, 2027 | $0.62 | Projected |
To collect a NNN dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How NNN's dividend compares
Across the 584 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.75%. NNN's 5.11% is 1.36 percentage points above that median, ranking 240th of 584 by yield.
Within Real Estate, where we track 61 names, the median yield is 5.92% — putting NNN below its sector.
Its 25-year run of dividend increases ranks 35th out of the 354 names in our data with an active growth streak.
What the numbers mean
NNN pays out roughly 116% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
Like most US dividend payers, NNN distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
NNN dividend FAQ
When is the next NNN ex-dividend date?
The next NNN ex-dividend date is October 31, 2026, with the payment scheduled for November 21, 2026. You must own shares before the ex-dividend date to receive that payment.
What is NNN's dividend yield?
NNN currently yields 5.11%, based on $2.42 in dividends per share over the past year.
How often does NNN pay dividends?
NNN pays quarterly, which works out to 4 payments per year of about $0.62 per share.
How much dividend income would $10,000 of NNN generate?
At the current 5.11% yield, $10,000 invested in NNN would produce roughly $511.00 per year, or about $127.75 per quarter, before taxes and assuming the dividend holds.
Has NNN increased its dividend?
Yes — NNN has raised its dividend for 25 consecutive years. That makes it a Dividend Aristocrat.
Related dividend stocks
Other Real Estate dividend payers
- LFT — Lument Finance Trust, Inc. dividend (24.65%)
- ORC — Orchid Island Capital, Inc. dividend (21.20%)
- ABR — Arbor Realty Trust, Inc. dividend (20.72%)
- ARR — ARMOUR Residential REIT dividend (17.53%)
- DX — Dynex Capital, Inc. dividend (15.88%)
- SUNS — Sunrise Realty Trust, Inc. dividend (15.54%)
- SEVN — Seven Hills Realty Trust dividend (14.49%)
- CLPR — Clipper Realty Inc. dividend (13.87%)
Similar yields to NNN
- O — Realty Income Corporation dividend (5.17%)
- CUBE — CubeSmart dividend (5.03%)
- WPC — W.P. Carey dividend (5.20%)
- CMCSA — Comcast Corporation dividend (5.25%)
- EIX — Edison International dividend (4.97%)
- NHI — National Health Investors, Inc. dividend (4.90%)
Track NNN dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.