NNN REIT Q2: Core FFO $0.89, AFFO $0.90; raises 2026 guidance, dividend up 3.3%

NNN REIT, INC.

Net earnings $0.52/diluted share vs $0.54 prior year; Core FFO $0.89 (+6% YoY), AFFO $0.90 (+5.9%).
Portfolio occupancy 99.1% (up 110 bps YoY); ABR $959.1M (+7.3%).
Acquired $291M in Q2 at 7.3% cap rate; raised 2026 acquisition guidance to $700-800M.
Raised 2026 Core FFO guidance to $3.50-$3.54 and AFFO to $3.55-$3.59.
Declared Q3 dividend $0.62/share (3.3% increase), 37th consecutive annual increase.

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.