NNN Dividend History - National Retail Properties

Track the latest NNN dividend history! 5.68% Dividend Yield, 1.90% Annual Growth - Explore NNN's complete dividend history

Yield 12m 5.68%
Cash Amount 12m 2.29
Dividend Growth 5y avg 1.90%
Dividend Rating 70.23%
Yield on Cost 5y 5.71%
Payout Ratio current 106.0%
Payout Frequency 12m 4
Payout Consistency 99.0%
Total Return 12m: -0.01%
#36 in Group
Total Return 5y: 0.56%
#29 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Retail REITs
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
NNN 7,917m 5.68% 5.71%
MERY 1,024m 9.96% 12.6%
FCD-UN 149m 9.78% 13.0%
ALX 1,142m 8.87% 7.99%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
NNN 7,917m 1.90% 70.2%
IVT 2,372m 36.2% 73.7%
PECO 5,423m 37.2% 70.8%
GTY 1,778m 4.15% 76.9%

NNN Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-10-31 2024-10-31 2024-11-15 Quarterly 0.58 1.27%
2024-07-31 2024-07-31 2024-08-15 Quarterly 0.58 2.7% 1.28%
2024-04-29 2024-04-30 2024-05-15 Quarterly 0.565 1.4%
2024-01-30 2024-01-31 2024-02-15 Quarterly 0.565 1.38%
2023-10-30 2023-10-31 2023-11-15 Quarterly 0.565 1.63%
2023-07-28 2023-07-31 2023-08-15 Quarterly 0.565 2.7% 1.31%
2023-04-27 2023-04-28 2023-05-15 Quarterly 0.55 1.31%
2023-01-30 2023-01-31 2023-02-15 Quarterly 0.55 1.17%
2022-10-28 2022-10-31 2022-11-15 Quarterly 0.55 1.34%
2022-07-28 2022-07-29 2022-08-15 Quarterly 0.55 3.8% 1.17%
2022-04-28 2022-04-29 2022-05-16 Quarterly 0.53 1.18%
2022-01-28 2022-01-31 2022-02-15 Quarterly 0.53 1.25%
2021-10-28 2021-10-29 2021-11-15 Quarterly 0.53 1.15%
2021-07-29 2021-07-30 2021-08-16 Quarterly 0.53 1.9% 1.09%
2021-04-29 2021-04-30 2021-05-14 Quarterly 0.52 1.12%
2021-01-28 2021-01-29 2021-02-16 Quarterly 0.52 1.32%
2020-10-29 2020-10-30 2020-11-16 Quarterly 0.52 1.64%
2020-07-30 2020-07-31 2020-08-14 Quarterly 0.52 1% 1.47%
2020-04-29 2020-04-30 2020-05-15 Quarterly 0.515 1.58%
2020-01-30 2020-01-31 2020-02-14 Quarterly 0.515 0.92%
2019-10-30 2019-10-31 2019-11-15 Quarterly 0.515
2019-07-30 2019-07-31 2019-08-15 Quarterly 0.515 3%
2019-04-29 2019-04-30 2019-05-15 Quarterly 0.5
2019-01-30 2019-01-31 2019-02-15 Quarterly 0.5
2018-10-30 2018-10-31 2018-11-15 Quarterly 0.5
2018-07-30 2018-07-31 2018-08-15 Quarterly 0.5 5.3%
2018-04-27 2018-04-30 2018-05-15 Quarterly 0.475
2018-01-30 2018-01-31 2018-02-15 Quarterly 0.475
2017-10-30 2017-10-31 2017-11-15 Quarterly 0.475
2017-07-27 2017-07-31 2017-08-15 Quarterly 0.475 4.4%
2017-04-26 2017-04-28 2017-05-15 Quarterly 0.455
2017-01-27 2017-01-31 2017-02-15 Quarterly 0.455
2016-10-27 2016-10-31 2016-11-15 Quarterly 0.455
2016-07-27 2016-07-29 2016-08-15 Quarterly 0.455 4.6%
2016-04-27 2016-04-29 2016-05-16 Quarterly 0.435
2016-01-27 2016-01-29 2016-02-16 Quarterly 0.435
2015-10-28 2015-10-30 2015-11-16 Quarterly 0.435
2015-07-29 2015-07-31 2015-08-14 Quarterly 0.435 3.6%
2015-04-28 2015-04-30 2015-05-15 Quarterly 0.42
2015-01-28 2015-01-30 2015-02-17 Quarterly 0.42

NNN Dividend History - FAQ

What is the Dividend Yield of NNN?

As of December 2024 NNN`s Dividend Yield is 5.68%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 2.29 USD by the current stock price of 40.35.

What is the long-term Dividend Growth Rate of NNN?

In the last 5 Years the Average Dividend Growth Rate was 1.90% per year. This shows that the dividend payments have been growing over time. It is a moderate sign, as it indicates that the dividend payments have been growing slower than the inflation rate.

How often does NNN pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) NNN paid 4 times a dividend.

What is the Yield on Cost of NNN?

The 5 Year Yield-On-Cost is 5.71%. That's the effective dividend income you'd receive today if you purchased National Retail Properties five years ago. It is calculated by the Rate of the last 12 Months (2.29) divided by the price 5 years ago (40.13).

What is the Payout Consistency of NNN?

NNN has a Payout Consistency of 99.0%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of NNN?

The Overall Dividend Rating of 70.23 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does NNN have a good Dividend Yield?

NNN`s 5.68% Dividend Yield is considered as: good.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for NNN?

The next Dividend Date for NNN is unknown.

What is the Dividend Payout Ratio of NNN?

The Dividend Payout Ratio of NNN is 106.0%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: NNN Outstanding Shares

What is the Trend of NNN`s Outstanding Shares?

The Outstanding Shares of National Retail Properties are growing at a rate of 1.12% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 100.0%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.

Did National Retail Properties ever had a Stock Split?

No Stock Splits found.
Year Number of Shares (Mill.) Growth Rate
1985 1538500
1986 1538500
1987 1538500
1988 1666700 +8.33%
1989 1304300 -21.74%
1990 1600000 +22.67%
1991 1500000 -6.25%
1992 1600000 +6.67%
1993 3750000 +134.38%
1994 7586200 +102.3%
1995 14285700 +88.31%
1996 21612900 +51.29%
1997 27500000 +27.24%
1998 29697000 +7.99%
1999 30325700 +2.12%
2000 30515600 +0.63%
2001 40638100 +33.17%
2002 40304500 -0.82%
2003 50710900 +25.82%
2004 51868200 +2.28%
2005 55408100 +6.82%
2006 60333000 +8.89%
2007 72314800 +19.86%
2008 78165900 +8.09%
2009 82320800 +5.32%
2010 83122700 +0.97%
2011 98671000 +18.71%
2012 112013000 +13.52%
2013 121309000 +8.3%
2014 128813000 +6.19%
2015 137623000 +6.84%
2016 146763000 +6.64%
2017 152148000 +3.67%
2018 159772000 +5.01%
2019 171175000 +7.14%
2020 174589300 +1.99%
2021 174868000 +0.16%
2022 179472000 +2.63%
2023 181932100 +1.37%
2024 184561400 +1.45%