NNN REIT, Inc. announced the federal income tax classification for dividends paid to common shareholders in 2024. The company reported that 99.8471% of the total dividend paid was classified as a taxable distribution.
The total common dividend paid in 2024 amounted to $2.29 per share. This payment marked the thirty-fifth consecutive annual dividend increase for NNN REIT, a testament to its consistent return to shareholders.
In a separate announcement, the Board of Directors declared a quarterly dividend of 58 cents per share. This dividend is payable on February 14, 2025, to shareholders of record as of January 31, 2025.
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