Realty Income (O 0.36%) and NNN REIT (NNN 0.43%) are elite dividend stocks. The real estate investment trusts (REITs) have each increased their dividends for at least the last 30 years. They both currently offer dividend yields of around 5.5%, well above the S&P 500's (^GSPC -0.00%) yield (1.2%). The retail-focused REITs share a few other similarities. Because of that, most investors likely would only want to own one of them in their portfolio. Here's a closer look at these elite dividend stocks to see whic ...

Land ownership has been seen as a symbol of status and stability since the early days of human civilization. Early societies valued land as a source of wealth and power, and this shaped the growth and developmentHigh Dividend Opportunities, #1 On Seeking AlphaHDO is the largest and most exciting community of income investors and retirees with over +8000 members. We are looking for more members to join our lively group! Our Income Method generates strong returns, regardless of market volatility, making retir ...

Company Overview - High Yield Investor offers a 2-week free trial with full access to their market-crushing Portfolio and current Top Picks, allowing potential users to explore their services without any financial commitment [1] - The company provides real-money core, retirement, and international portfolios, along with regular trade alerts, educational content, and an active chat room for like-minded investors [2] Leadership and Expertise - Samuel Smith, the leader of High Yield Investor, has a diverse background including roles as lead analyst and Vice President at several highly regarded dividend stock research firms [2] - Samuel holds a B S in Civil Engineering & Mathematics from the United States Military Academy at West Point and a Masters in Engineering with a focus on applied mathematics and machine learning [2] - Samuel collaborates with Jussi Askola and Paul R Drake to focus on finding the right balance between safety, growth, yield, and value in their investment strategies [2] Analyst Disclosure - The analyst has a beneficial long position in the shares of WPC through stock ownership, options, or other derivatives [3] - The article expresses the analyst's own opinions and is not receiving compensation for it other than from Seeking Alpha [3] - The analyst has no business relationship with any company whose stock is mentioned in the article [3]

Group 1 - The article discusses the strengths of net lease REITs, emphasizing their stability in year-to-year cash flow [1] - The author has over ten years of experience in the real estate industry, including roles in an S&P 500 REIT and a Big Four consulting group [1] Group 2 - The article is part of a discussion forum for investment thoughts, indicating a focus on sharing insights rather than formal recommendations [1] - The author expresses a light-hearted and open-minded approach to investing, suggesting a collaborative perspective on investment strategies [1]

For those who don't know me yet - I'm a long-term-oriented investor who enjoys income-providing holdings. Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I've built a rock-solid pillar in my financial foundation through dividend investing. I'mWelcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial ...

Core Viewpoint - NNN REIT reported quarterly funds from operations (FFO) of $0.84 per share, meeting the Zacks Consensus Estimate and showing an increase from $0.82 per share a year ago [1] Financial Performance - The company posted revenues of $218.16 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 0.70% and up from $204.86 million year-over-year [2] - NNN REIT has exceeded consensus revenue estimates four times over the last four quarters [2] Stock Performance and Outlook - NNN REIT shares have increased approximately 6.7% since the beginning of the year, while the S&P 500 has gained 21.9% [3] - The future performance of the stock will largely depend on management's commentary during the earnings call and the company's FFO outlook [3][4] Estimate Revisions - The current consensus FFO estimate for the upcoming quarter is $0.85 on revenues of $219.43 million, and for the current fiscal year, it is $3.36 on revenues of $867.53 million [7] - The estimate revisions trend for NNN REIT is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The REIT and Equity Trust - Other industry is currently in the top 24% of Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from to Commission file number 001-11290 NNN REIT, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organiz ...

NEWS RELEASE For information contact: Kevin B. Habicht Chief Financial Officer (407) 265-7348 FOR IMMEDIATE RELEASE October 31, 2024 Third Quarter 2024 Operating Results Announced by NNN REIT, Inc. Orlando, Florida, October 31, 2024 – NNN REIT, Inc. (NYSE: NNN), a real estate investment trust, today announced its operating results for the quarter and nine months ended September 30, 2024. Highlights include: Operating Results: • Revenues and net earnings, FFO, Core FFO and AFFO and diluted per share amounts: ...

Operating Results - NNN REIT reported revenues of $218.6 million for Q3 2024, up from $205.1 million in Q3 2023, representing a 6.5% increase [1] - Net earnings for Q3 2024 were $97.9 million, down from $106.8 million in Q3 2023, resulting in a net earnings per share of $0.53 compared to $0.59 in the prior year [1][9] - Funds From Operations (FFO) for Q3 2024 were $154.2 million, an increase from $147.2 million in Q3 2023, with FFO per share rising to $0.84 from $0.81 [1][11] - Adjusted Funds From Operations (AFFO) for Q3 2024 were $155.7 million, compared to $148.3 million in Q3 2023, with AFFO per share increasing to $0.84 from $0.82 [1][17] Investment Activity - The company made property investments totaling $113.6 million in Q3 2024, acquiring eight properties with a gross leasable area of approximately 626,000 square feet at an initial cash cap rate of 7.6% [1] - NNN REIT sold nine properties for $20.0 million, generating $7.8 million in gains on sales during the same quarter [1] - For the nine months ended September 30, 2024, the company invested $348.6 million in 44 properties, with a gross leasable area of approximately 1,181,000 square feet at an initial cash cap rate of 7.8% [1] Financial Position - As of September 30, 2024, NNN REIT maintained a high occupancy level of 99.3% and a weighted average remaining lease term of 10.0 years [1][2] - The company raised $178.9 million in net proceeds from the issuance of 3,863,700 common shares in Q3 2024 [1] - NNN REIT has a sector-leading weighted average debt maturity of 12.3 years and expanded its line of credit borrowing capacity from $1.1 billion to $1.2 billion, extending maturity to April 2028 [1][2] Guidance - The company narrowed its Core FFO per share guidance for 2024 to a range of $3.28 to $3.32, with estimated AFFO per share of $3.31 to $3.35 [1][20] - The guidance for net earnings per share, excluding gains from real estate dispositions and other charges, is projected to be between $1.93 and $1.97 [1][20] Property Portfolio - As of September 30, 2024, NNN REIT owned 3,549 properties across 49 states, with a total gross leasable area of approximately 36.6 million square feet [2] - The top tenant, 7-Eleven, accounts for 4.6% of the total properties, followed by Mister Car Wash at 4.1% [27][29] - The company’s property portfolio is diversified across various sectors, with automotive service and convenience stores being the largest segments [27]

NNN REIT has achieved a rare milestone.NNN REIT (NNN 0.49%) flies under the radar of many investors. It doesn't have a flashy name -- the real estate investment trust (REIT) focuses on owning properties secured by triple net, or NNN, leases, hence the name. It's also not yet a member of the S&P 500 index due to its relatively smaller size. However, it has done something that should catch the attention of dividend investors. The retail REIT recently delivered its 35th consecutive annual dividend increase. Th ...