NNN reports record 2021 results; raises 2022 Core FFO guidance to $2.93-$3.00

NNN REIT, INC.

2021-FY EPS reported $1.51 revenue$726,407,000

Q4 revenue $187.3M, net earnings $0.37/sh; full-year revenue $726.4M, net earnings $1.51/sh.
Full-year Core FFO $2.86/sh ($500.1M) up from $2.59/sh; AFFO $3.06/sh up from $2.51/sh.
Occupancy 99.0% at year-end; weighted avg lease term 10.6 years.
Annual dividend increased to $2.10/sh, 32nd consecutive annual increase.
2022 Core FFO guidance raised to $2.93-$3.00/sh; AFFO guidance $3.01-$3.07/sh.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.