At the end of November 15, 2023, NNN REIT NNN will reward its shareholders with a dividend payout of $0.56 per share, demonstrating an annualized dividend yield of 6.34%. Remember, only investors who held the stock before the ex-dividend date on October 30, 2023 will receive this payout.
NNN REIT Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-10-30 | 4 | $0.56 | 6.34% | 2023-10-16 | 2023-10-31 | 2023-11-15 |
| 2023-07-28 | 4 | $0.56 | 5.23% | 2023-07-14 | 2023-07-31 | 2023-08-15 |
| 2023-04-27 | 4 | $0.55 | 5.14% | 2023-04-14 | 2023-04-28 | 2023-05-15 |
| 2023-01-30 | 4 | $0.55 | 4.58% | 2023-01-13 | 2023-01-31 | 2023-02-15 |
| 2022-10-28 | 4 | $0.55 | 5.6% | 2022-10-14 | 2022-10-31 | 2022-11-15 |
| 2022-07-28 | 4 | $0.55 | 5.12% | 2022-07-15 | 2022-07-29 | 2022-08-15 |
| 2022-04-28 | 4 | $0.53 | 4.6% | 2022-04-14 | 2022-04-29 | 2022-05-16 |
| 2022-01-28 | 4 | $0.53 | 4.48% | 2022-01-14 | 2022-01-31 | 2022-02-15 |
| 2021-10-28 | 4 | $0.53 | 4.62% | 2021-10-15 | 2021-10-29 | 2021-11-15 |
| 2021-07-29 | 4 | $0.53 | 4.42% | 2021-07-15 | 2021-07-30 | 2021-08-16 |
| 2021-04-29 | 4 | $0.52 | 4.65% | 2021-04-15 | 2021-04-30 | 2021-05-14 |
| 2021-01-28 | 4 | $0.52 | 5.32% | 2021-01-15 | 2021-01-29 | 2021-02-16 |
Analyzing NNN REIT Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2019 to 2022, the company experienced a notable growth in its dividend per share. The dividend per share increased from $2.03 to $2.16, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For NNN REIT
Investors can observe a growth in earnings for NNN REIT from 2019 to 2022, as earnings per share increased from $2.68 to $3.10. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
In this article, we explore the recent dividend payout of NNN REIT and its significance for shareholders. The company has decided to distribute a dividend of $0.56 per share today, which equates to an annualized dividend yield of 6.34%.
The increase in both dividend per share and earnings per share from 2019 to 2022 for NNN REIT indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
[See current stock movements NNN REIT on Benzinga.](https://www.benzinga.com/quote/NNN REIT (NYSE: NNN))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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