secwatch.observer — SEC 8-K summary
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Issuer:     NNN REIT, INC. (NNN)
CIK:        0000751364
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0000950170-23-002247
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/751364/000095017023002247/0000950170-23-002247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/751364/000095017023002247/nnn-20230209.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-002247

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer