---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-002247"
form_type: "8-K"
ticker: "NNN"
cik: "0000751364"
company_name: "NNN REIT, INC."
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T21:09:10.872686+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NNN reports record 2022 Core FFO growth of 9.8%; raises dividend for 33rd consecutive year

## Summary
- Full-year Core FFO per share $3.14, up 9.8% YoY; AFFO per share $3.21.
- Q4 Core FFO $0.80 per share vs $0.75 in Q4 2021; net earnings $0.50 per share.
- Annual dividend raised to $2.16 per share, marking 33rd consecutive annual increase.
- 2023 Core FFO guidance $3.14-$3.20 per share; AFFO guidance $3.19-$3.25 per share.
- Portfolio occupancy 99.4% at Dec 31 with weighted avg lease term of 10.4 years.

## SEC filing metadata
- accession: 0000950170-23-002247
- form_type: 8-K
- ticker: NNN
- cik: 0000751364
- company_name: NNN REIT, INC.
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/751364/000095017023002247/0000950170-23-002247-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/751364/000095017023002247/nnn-20230209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-002247
- JSON: https://secwatch.observer/filing/0000950170-23-002247.json
- Plain text: https://secwatch.observer/filing/0000950170-23-002247.txt

## Key facts
- Earnings Releases
  NNN REIT, INC. updated its the quarter and year ended December 31, 2022 guidance (initiated).
  - Period: the quarter and year ended December 31, 2022
  - Guidance: initiated
  - Result: reported results
  source text: On February 9, 2023, National Retail Properties, Inc. (the "Company"), issued a press release announcing its results of operations and financial condition for the quarter and year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/751364/000095017023002247/0000950170-23-002247-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.