NNN REIT Inc

More Details of NNN REIT Inc Company

NNN REIT, Inc. is a fully integrated real estate investment trust (REIT). The Company acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment. The Company invests primarily in retail real estate that is typically well located within each local market for its tenants' retail lines of trade. The Company's property portfolio includes convenience stores; automotive service; restaurants - limited service; restaurants - full service; family entertainment centers; recreational vehicle dealers, parts and accessories; theaters; health and fitness; equipment rental; wholesale clubs; automotive parts; drug stores; home improvement; medical service providers; general merchandise, and pet supplies and services. The Company owns approximately 3,568 properties in 49 states with a gross leasable area of approximately 36.6 million square feet and a weighted average remaining lease term of 9.9 years.

Company Info

Company codeNNN

Company nameNNN REIT Inc

IPO dateOct 10, 1984

Founded at1994

CEOMr. Stephen A. Horn, Jr.

Number of employees83

Security typeOrdinary Share

Fiscal year-endOct 10

Address450 S Orange Ave

CityORLANDO

Stock exchangeNYSE Consolidated

CountryUnited States of America

Postal code32801

Phone14072657348

Websitehttps://www.nnnreit.com/

Company codeNNN

IPO dateOct 10, 1984

Founded at1994

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Jonathan Adamo

Executive Vice President, Portfolio Operations

100.27K

+40.72%

Mr. David M. Fick

Independent Director

62.01K

--

Cosler (Steven D)

Independent Chairman of the Board

60.98K

--

Mr. Edward J. (Ed) Fritsch

Independent Director

60.17K

--

Ms. Gina M. Steffens

Executive Vice President, General Counsel, Secretary

59.64K

+83.85%

Ms. Elizabeth Castro Gulacsy

Independent Director

--

Mr. Vincent H. Chao

Chief Financial Officer, Executive Vice President, Treasurer

--

Ms. Michelle L. Miller

Executive Vice President, Chief Technology Officer, Chief Accounting Officer

--

Mr. Stephen A. Horn, Jr.

President, Chief Executive Officer, Director

--

Mr. Kamau O. Witherspoon

Independent Director

--

Name

Name/Position

Position

Shareholding

Change

Mr. Jonathan Adamo

Executive Vice President, Portfolio Operations

100.27K

+40.72%

Mr. David M. Fick

Independent Director

62.01K

--

Cosler (Steven D)

Independent Chairman of the Board

60.98K

--

Mr. Edward J. (Ed) Fritsch

Independent Director

60.17K

--

Ms. Gina M. Steffens

Executive Vice President, General Counsel, Secretary

59.64K

+83.85%

Ms. Elizabeth Castro Gulacsy

Independent Director

--

Revenue Breakdown

No Data

No Data

By Business

By Region

No Data

Shareholder

Update time: 3 hours ago

Shareholder Statistics

Type

Shareholder Statistics

Shareholder

Proportion

The Vanguard Group, Inc.

13.93%

BlackRock Institutional Trust Company, N.A.

10.01%

State Street Global Advisors (US)

6.42%

Victory Capital Management Inc.

6.22%

Fidelity Management & Research Company LLC

4.82%

Other

58.60%

Shareholder Statistics

Shareholder

Proportion

The Vanguard Group, Inc.

13.93%

BlackRock Institutional Trust Company, N.A.

10.01%

State Street Global Advisors (US)

6.42%

Victory Capital Management Inc.

6.22%

Fidelity Management & Research Company LLC

4.82%

Other

58.60%

Type

Shareholder

Proportion

Investment Advisor

42.71%

Investment Advisor/Hedge Fund

39.65%

Hedge Fund

4.87%

Pension Fund

2.84%

Research Firm

1.87%

Sovereign Wealth Fund

1.31%

Individual Investor

0.89%

Bank and Trust

0.67%

Insurance Company

0.03%

Other

5.15%

Institutional Shareholding

Update time: Tue, Mar 4

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

954

179.80M

95.62%

-2.50M

2024Q4

985

178.49M

95.18%

-4.91M

2024Q3

957

176.00M

93.90%

-5.09M

2024Q2

943

171.53M

93.40%

-13.60M

2024Q1

934

169.70M

92.57%

-9.63M

2023Q4

925

168.47M

92.33%

-7.79M

2023Q3

901

165.44M

90.69%

-9.78M

2023Q2

903

167.23M

91.69%

-7.76M

2023Q1

900

167.64M

92.08%

-8.93M

2022Q4

889

169.93M

93.71%

-3.94M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

The Vanguard Group, Inc.

26.19M

13.93%

+291.58K

+1.13%

Dec 31, 2024

BlackRock Institutional Trust Company, N.A.

18.82M

10.01%

+1.03M

+5.81%

Dec 31, 2024

State Street Global Advisors (US)

12.07M

6.42%

+630.22K

+5.51%

Dec 31, 2024

Victory Capital Management Inc.

11.70M

6.22%

-585.87K

-4.77%

Dec 31, 2024

Fidelity Management & Research Company LLC

9.06M

4.82%

+2.05M

+29.23%

Dec 31, 2024

Fidelity Institutional Asset Management

6.82M

3.62%

+862.29K

+14.48%

Dec 31, 2024

Geode Capital Management, L.L.C.

3.54M

1.88%

+96.92K

+2.82%

Dec 31, 2024

Rush Island Management, LP

3.00M

1.6%

+262.63K

+9.58%

Dec 31, 2024

MFS Investment Management

2.96M

1.57%

-48.48K

-1.61%

Dec 31, 2024

Dimensional Fund Advisors, L.P.

2.79M

1.48%

+18.70K

+0.68%

Dec 31, 2024

Related ETFs

Update time: Sun, Apr 6

Name

Proportion

NETLease Corporate Real Estate ETF

7.87%

Fidelity Real Estate Investment ETF

4.03%

Global X SuperDividend REIT ETF

3.37%

ALPS REIT Dividend Dogs ETF

2.27%

ProShares S&P MidCap 400 Dividend Aristocrats ETF

2%

Intelligent Real Estate ETF

1.49%

Hoya Capital High Dividend Yield ETF

1.47%

Sound Enhanced Fixed Income ETF

1.42%

Invesco S&P MidCap Low Volatility ETF

1.39%

Cambria Global Real Estate ETF

1.1%

NETLease Corporate Real Estate ETF

Proportion7.87%

Fidelity Real Estate Investment ETF

Proportion4.03%

Global X SuperDividend REIT ETF

Proportion3.37%

ALPS REIT Dividend Dogs ETF

Proportion2.27%

ProShares S&P MidCap 400 Dividend Aristocrats ETF

Proportion2%

Intelligent Real Estate ETF

Proportion1.49%

Hoya Capital High Dividend Yield ETF

Proportion1.47%

Sound Enhanced Fixed Income ETF

Proportion1.42%

Invesco S&P MidCap Low Volatility ETF

Proportion1.39%

Cambria Global Real Estate ETF

Proportion1.1%

Dividend

A total of 1.96B USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Jan 14, 2025

NNN.NB Interim Cash Dividend of gross USD 0.58 paid on Feb 14, 2025 going ex on Jan 31, 2025

Jan 31, 2025

Feb 14, 2025

Jan 31, 2025

Oct 15, 2024

NNN.NB Final Cash Dividend of gross USD 0.58 paid on Nov 15, 2024 going ex on Oct 31, 2024

Oct 31, 2024

Nov 15, 2024

Oct 31, 2024

Jul 15, 2024

NNN.NB Interim Cash Dividend of gross USD 0.579113 paid on Aug 15, 2024 going ex on Jul 31, 2024

Jul 31, 2024

Aug 15, 2024

Jul 31, 2024

Apr 15, 2024

NNN.NB Interim Cash Dividend of gross USD 0.565 paid on May 15, 2024 going ex on Apr 29, 2024

Apr 30, 2024

May 15, 2024

Apr 29, 2024

Jan 16, 2024

NNN.NB Interim Cash Dividend of gross USD 0.565 paid on Feb 15, 2024 going ex on Jan 30, 2024

Jan 31, 2024

Feb 15, 2024

Jan 30, 2024

Oct 16, 2023

NNN.NB Final Cash Dividend of gross USD 0.565 paid on Nov 15, 2023 going ex on Oct 30, 2023

Oct 31, 2023

Nov 15, 2023

Oct 30, 2023

Jul 14, 2023

NNN.NB Interim Cash Dividend of gross USD 0.565 paid on Aug 15, 2023 going ex on Jul 28, 2023 with reinvestment option

Jul 31, 2023

Aug 15, 2023

Jul 28, 2023

Apr 14, 2023

NNN.NB Interim Cash Dividend of gross USD 0.55 paid on May 15, 2023 going ex on Apr 27, 2023 with reinvestment option

Apr 28, 2023

May 15, 2023

Apr 27, 2023

Jan 13, 2023

NNN.NB Interim Cash Dividend of gross USD 0.55 paid on Feb 15, 2023 going ex on Jan 30, 2023

Jan 31, 2023

Feb 15, 2023

Jan 30, 2023

Oct 14, 2022

NNN.NB Final Cash Dividend of gross USD 0.55 paid on Nov 15, 2022 going ex on Oct 28, 2022

Oct 31, 2022

Nov 15, 2022

Oct 28, 2022

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

41.100USD

NNN REIT Inc

41.100

Overview

Company