NNN REIT, Inc. announced that its Board of Directors declared a quarterly dividend of 58 cents per share. This dividend is payable on November 15, 2024, to shareholders of record as of October 31, 2024.
This declaration continues NNN's consistent dividend policy. The company has a track record of increasing its annual dividend for 35 or more consecutive years, a distinction shared by only two other publicly traded REITs.
NNN REIT focuses its investments primarily in high-quality retail properties. These properties are generally subject to long-term, net leases, contributing to the company's stable revenue stream.
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