NNN REIT Stable Triple-Net Income with Decades of Dividend Growth

NNN REIT, Inc. (NYSE:NNN) is included among the Dividend Champions, Contenders, and Challengers List: 15 Highest Yielding Stocks.

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NNN REIT, Inc. (NYSE:NNN) is simply a retail-focused REIT built astir freestanding properties that are leased connected a triple-net ground to nationalist and determination tenants. Its portfolio leans toward everyday, necessity-based uses specified arsenic car work centers, convenience stores, restaurants, and household amusement venues. Because tenants screen astir property-level costs, those leases thin to make unchangeable and steadily rising rental income.

What truly sets NNN isolated is its dividend history. In 2025, the institution delivered its 36th consecutive twelvemonth of dividend growth. That puts it successful a precise tiny club, with lone 2 different REITs and less than 80 publically traded U.S. companies having managed to rise their dividends for 35 years oregon more.

That streak looks good supported going forward. NNN’s payout ratio sits beneath 70% of FFO, and its equilibrium expanse remains conservative, with leverage astir 5.6x. That gives the institution plentifulness of country to support increasing portion inactive rewarding shareholders. As the portfolio expands and currency travel continues to build, dividend maturation should stay achievable.

NNN REIT, Inc. (NYSE:NNN) besides stays progressive connected the concern front. Last year, it was targeting $850 cardinal to $950 cardinal successful caller spot acquisitions, partially funded by selling $170 cardinal to $200 cardinal of assets. Most purchases travel from long-standing tenant relationships, often done sale-leaseback deals. Since 2010, astir 72% of its investments person travel done these repetition relationships, helping guarantee a dependable pipeline of income-producing properties.

While we admit the imaginable of NNN arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None.