---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-088970"
form_type: "8-K"
ticker: "NNN"
cik: "0000751364"
company_name: "NNN REIT, INC."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T14:07:15.351303+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NNN REIT Q2 FFO per share up 3.8% YoY; raises 2024 Core FFO guidance; dividend increased 3%

## Summary
- Q2 FFO per share $0.83 vs $0.80 (+3.8%); AFFO per share $0.84 (+5.0% YoY).
- Revenues $216.8M, net earnings $106.7M ($0.58 EPS) vs $98.7M in prior year.
- Occupancy 99.3%, acquired 16 properties for $110.5M at 7.9% cash cap rate.
- 2024 Core FFO guidance raised to $3.27-$3.33 from $3.25-$3.31 per share.
- Dividend increased to $0.58/share in July; 35th consecutive annual increase.

## SEC filing metadata
- accession: 0000950170-24-088970
- form_type: 8-K
- ticker: NNN
- cik: 0000751364
- company_name: NNN REIT, INC.
- filed_at: 2024-08-01T23:59:59+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/751364/000095017024088970/0000950170-24-088970-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/751364/000095017024088970/nnn-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-088970
- JSON: https://secwatch.observer/filing/0000950170-24-088970.json
- Plain text: https://secwatch.observer/filing/0000950170-24-088970.txt

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