
Core Insights - NNN REIT, Inc. has achieved 34 consecutive years of annual dividend increases, making it one of only three REITs to do so [5][6] - The company focuses on high-quality retail properties with long-term leases, owning 3,546 properties across 49 states, totaling approximately 36.1 million square feet of gross leasable area [2][4] - NNN REIT maintains a high occupancy rate of 99.4%, which is above its 25-year average of 98.1% [6] Company Strategy - The company's strategy emphasizes Core FFO (Funds From Operations) per share growth year-over-year, targeting mid-single digit growth to support dividend increases while keeping the payout ratio low [5][6] - NNN REIT's acquisition approach is long-term and relationship-based, partnering with large regional or national operators to enhance its portfolio [6] Financial Performance - In the previous year, NNN REIT invested $819.7 million in property investments, acquiring 165 properties [6]