Common Dividend Declared by NNN REIT, Inc.
October 16 2023 - 8:30AM
PR Newswire (US)
ORLANDO,
Fla., Oct. 16, 2023 /PRNewswire/ -- The Board of
Directors of NNN REIT, Inc. (NYSE: NNN), a real estate
investment trust, today announced a quarterly dividend of
56.5 cents per share payable
November 15, 2023 to shareholders of
record as of October 31, 2023. NNN is
one of only three publicly traded REITs to have increased its
annual dividend for 34 or more consecutive years.
NNN REIT invests primarily in high-quality retail properties
subject generally to long-term, net leases. As of June 30, 2023, the company owned 3,479 properties
in 49 states with a gross leasable area of approximately 35.5
million square feet and a weighted average remaining lease term of
10.2 years. For more information on the company,
visit www.nnnreit.com.
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SOURCE NNN REIT, Inc.
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