NNN – Dividend Returns, History & Calculator
NNN invests in high-quality properties subject generally to long-term, net leases with minimal ongoing capital expenditures. As of June 30, 2025, the Company owned 3,663 properties in 50 states with a gross leasable area of approximately 38.3 million square fe
...Company Info
Price Data
Dividend Data
Growth Rates
Total Returns
Fair Value
Financial Metrics
Calculate your NNN Dividend Returns
Quickly and easily calculate NNN dividend yield using our NNN calculator. Adjust the fields below to see how your NNN investments snowball over time.
Portfolio Growth Over Time
Data last updated: September 19, 2025 4:59 pm
Year-by-Year Portfolio Growth (Realistic DRIP Scenario)
Year | Start Balance | Start Shares | Share Price | Dividend / Share | Dividend Yield | Yield on Cost | Annual Dividend | Total Dividends | End Shares | End Balance |
---|---|---|---|---|---|---|---|---|---|---|
1 | $10,000 | 237 | $42.12 | $0.60 | 5.70% | 5.70% | $625 | $625 | 281 | $11,825 |
2 | $12,002 | 281 | $42.75 | $0.62 | 5.80% | 5.88% | $755 | $1,381 | 327 | $13,957 |
3 | $14,165 | 327 | $43.38 | $0.64 | 5.90% | 6.08% | $899 | $2,280 | 375 | $16,264 |
4 | $16,506 | 375 | $44.03 | $0.66 | 6.00% | 6.28% | $1,059 | $3,339 | 426 | $18,765 |
5 | $19,045 | 426 | $44.68 | $0.68 | 6.11% | 6.48% | $1,237 | $4,576 | 481 | $21,482 |
6 | $21,802 | 481 | $45.35 | $0.70 | 6.22% | 6.69% | $1,434 | $6,010 | 539 | $24,436 |
7 | $24,800 | 539 | $46.03 | $0.73 | 6.32% | 6.91% | $1,654 | $7,664 | 601 | $27,654 |
8 | $28,066 | 601 | $46.71 | $0.75 | 6.44% | 7.14% | $1,899 | $9,563 | 667 | $31,165 |
9 | $31,629 | 667 | $47.41 | $0.78 | 6.55% | 7.37% | $2,172 | $11,736 | 738 | $35,002 |
10 | $35,523 | 738 | $48.11 | $0.80 | 6.66% | 7.61% | $2,477 | $14,213 | 815 | $39,200 |
NNN Dividend History
Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
---|---|---|---|---|---|
07/31/2025 | 07/31/2025 | $0.600 | 5.67% | 5.82% | $41.26 |
04/30/2025 | 04/30/2025 | $0.580 | 5.64% | 5.64% | $41.11 |
01/31/2025 | 01/31/2025 | $0.580 | 5.85% | 5.89% | $39.39 |
10/31/2024 | 10/31/2024 | $0.580 | 5.27% | 5.34% | $43.44 |
07/31/2024 | 07/31/2024 | $0.580 | 5.07% | 5.17% | $44.89 |
04/29/2024 | 04/29/2024 | $0.565 | 5.56% | 5.56% | $40.64 |
01/30/2024 | 01/30/2024 | $0.565 | 5.53% | 5.57% | $40.57 |
10/30/2023 | 10/30/2023 | $0.565 | 6.30% | 6.38% | $35.40 |
07/28/2023 | 07/28/2023 | $0.565 | 5.17% | 5.28% | $42.82 |
04/27/2023 | 04/27/2023 | $0.550 | 5.13% | 5.13% | $42.88 |
01/30/2023 | 01/30/2023 | $0.550 | 4.65% | 4.69% | $46.89 |
10/28/2022 | 10/28/2022 | $0.550 | 5.16% | 5.25% | $41.87 |
07/28/2022 | 07/28/2022 | $0.550 | 4.55% | 4.67% | $47.07 |
04/28/2022 | 04/28/2022 | $0.530 | 4.63% | 4.63% | $45.80 |
01/28/2022 | 01/28/2022 | $0.530 | 4.86% | 4.88% | $43.40 |
10/28/2021 | 10/28/2021 | $0.530 | 4.55% | 4.59% | $46.15 |
07/29/2021 | 07/29/2021 | $0.530 | 4.30% | 4.36% | $48.60 |
04/29/2021 | 04/29/2021 | $0.520 | 4.46% | 4.46% | $46.59 |
01/28/2021 | 01/28/2021 | $0.520 | 5.17% | 5.18% | $40.12 |
10/29/2020 | 10/29/2020 | $0.520 | 6.36% | 6.39% | $32.57 |
NNN 10-yr Total Return ($10,000 invested)
This analysis of NNN demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 5.8% CAGR, representing moderate long-term performance. Recent 5-year performance has been particularly strong at 11.0% annually, outpacing the 10-year average. The DRIP strategy provided 21% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.
Total Return with and without DRIP (NNN)
Over the selected period, investing $10,000 in NNN would grow to $31,461 with DRIP (214.6%), and $25,676 without DRIP (156.8%).
NNN Dividend Reinvestment Snowball
Investing $10,000 + $100/mo in NNN with historic price growth (1.49%) and dividend growth (3.27%) produces dramatically different outcomes depending on whether you reinvest dividends.
After 20 Years
Your Investment: $34,000
Portfolio: $113,740
Annual Dividend: $9,174
Yield on Cost: 26.98%
Total Dividends: $65,969
Portfolio: $76,211
Total Dividends: $34,828
After 30 Years
Your Investment: $46,000
Portfolio: $331,845
Annual Dividend: $31,845
Yield on Cost: 69.23%
Total Dividends: $242,250
Portfolio: $140,246
Total Dividends: $79,329
Milestones on the way
By year 13, the compounding really starts to show. Your total dividends collected reach $23,718 against a total investment of $25,600. At this point, your portfolio is throwing off $3,910 per year in dividends alone.
By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $6,377, a powerful “income on autopilot” milestone.
After two decades, cumulative dividends total $65,969 versus $34,000 invested, nearly a 194% recovery of capital purely from income. Yield on cost reaches 26.98%.
At year 25, the income engine takes over. The portfolio’s annual dividend of $16,925 is greater than total contributions to date ($40,000), and cumulative dividends exceed $127,590.
By year 30, the DRIP snowball is in full force. Yearly income reaches $31,845, cumulative dividends total $242,250, and the DRIP portfolio value stands at $331,845, compared with $140,246 if dividends weren’t reinvested.
How we estimate these numbers
We use the latest calculator inputs for NNN, price $42.12, dividend per period $0.60 (4Ã/year), along with historic growth assumptions: price growth 1.49% and dividend growth 3.27% annually.
We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that monthâs price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the NoâDRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.
This model isnât investment advice; itâs a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.
Projected Future Returns & Dividends for NNN
Based on past 10-year performance, here are NNN growth metrics:
Using NNN CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:
NNN (DRIP) | NNN (No DRIP) | |
---|---|---|
Current Price | $42.12 | $42.12 |
Start Shares | 237.42 | 237.42 |
Start Value | $10,000 | $10,000 |
After 10 years: | ||
Final Share Count | 340.45 | 237.42 |
Dividends Payment | $3.31 | $3.31 |
Annual Dividends | $1,101 | $787 |
Yield on cost | 11.01% | 7.87% |
Share Price | $136.34 | $136.34 |
Total Dividends | $8,364 | $6,833 |
Final Value | $46,418 | $39,204 |
Estimated Future Value + Dividends – NNN
Dividend History: Payments & Yield
Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.
Dividend Growth
Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.
Dividend Payments & Yield
Quarterly dividends with TTM yield and a 5âyear rolling average overlay. Helps compare current yield versus recent history across different ranges.
NNN Dividend History
Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
---|---|---|---|---|---|
07/31/2025 | 07/31/2025 | $0.600 | 5.67% | 5.82% | $41.26 |
04/30/2025 | 04/30/2025 | $0.580 | 5.64% | 5.64% | $41.11 |
01/31/2025 | 01/31/2025 | $0.580 | 5.85% | 5.89% | $39.39 |
10/31/2024 | 10/31/2024 | $0.580 | 5.27% | 5.34% | $43.44 |
07/31/2024 | 07/31/2024 | $0.580 | 5.07% | 5.17% | $44.89 |
04/29/2024 | 04/29/2024 | $0.565 | 5.56% | 5.56% | $40.64 |
01/30/2024 | 01/30/2024 | $0.565 | 5.53% | 5.57% | $40.57 |
10/30/2023 | 10/30/2023 | $0.565 | 6.30% | 6.38% | $35.40 |
07/28/2023 | 07/28/2023 | $0.565 | 5.17% | 5.28% | $42.82 |
04/27/2023 | 04/27/2023 | $0.550 | 5.13% | 5.13% | $42.88 |
01/30/2023 | 01/30/2023 | $0.550 | 4.65% | 4.69% | $46.89 |
10/28/2022 | 10/28/2022 | $0.550 | 5.16% | 5.25% | $41.87 |
07/28/2022 | 07/28/2022 | $0.550 | 4.55% | 4.67% | $47.07 |
04/28/2022 | 04/28/2022 | $0.530 | 4.63% | 4.63% | $45.80 |
01/28/2022 | 01/28/2022 | $0.530 | 4.86% | 4.88% | $43.40 |
10/28/2021 | 10/28/2021 | $0.530 | 4.55% | 4.59% | $46.15 |
07/29/2021 | 07/29/2021 | $0.530 | 4.30% | 4.36% | $48.60 |
04/29/2021 | 04/29/2021 | $0.520 | 4.46% | 4.46% | $46.59 |
01/28/2021 | 01/28/2021 | $0.520 | 5.17% | 5.18% | $40.12 |
10/29/2020 | 10/29/2020 | $0.520 | 6.36% | 6.39% | $32.57 |
07/30/2020 | 07/30/2020 | $0.520 | 5.84% | 5.88% | $35.39 |
04/29/2020 | 04/29/2020 | $0.515 | 6.34% | 6.34% | $32.49 |
01/30/2020 | 01/30/2020 | $0.515 | 3.62% | 3.65% | $56.50 |
10/30/2019 | 10/30/2019 | $0.515 | 3.48% | 3.53% | $58.33 |
07/30/2019 | 07/30/2019 | $0.515 | 3.83% | 3.92% | $52.57 |
04/29/2019 | 04/29/2019 | $0.500 | 3.85% | 3.85% | $51.93 |
01/30/2019 | 01/30/2019 | $0.500 | 3.79% | 3.84% | $52.13 |
10/30/2018 | 10/30/2018 | $0.500 | 4.10% | 4.20% | $47.60 |
07/30/2018 | 07/30/2018 | $0.500 | 4.35% | 4.52% | $44.25 |
04/27/2018 | 04/27/2018 | $0.475 | 4.94% | 4.94% | $38.43 |
01/30/2018 | 01/30/2018 | $0.475 | 4.84% | 4.89% | $38.86 |
10/30/2017 | 10/30/2017 | $0.475 | 4.63% | 4.73% | $40.18 |
07/27/2017 | 07/27/2017 | $0.475 | 4.52% | 4.66% | $40.74 |
04/26/2017 | 04/26/2017 | $0.455 | 4.21% | 4.21% | $43.20 |
01/27/2017 | 01/27/2017 | $0.455 | 4.17% | 4.21% | $43.20 |
10/27/2016 | 10/27/2016 | $0.455 | 3.97% | 4.06% | $44.79 |
07/27/2016 | 07/27/2016 | $0.455 | 3.42% | 3.54% | $51.41 |
04/27/2016 | 04/27/2016 | $0.435 | 3.93% | 3.93% | $44.24 |
01/27/2016 | 01/27/2016 | $0.435 | 4.11% | 4.15% | $41.95 |
10/28/2015 | 10/28/2015 | $0.435 | 4.44% | 4.51% | $38.55 |
07/29/2015 | 07/29/2015 | $0.435 | 4.60% | 4.72% | $36.87 |
04/28/2015 | 04/28/2015 | $0.420 | 4.21% | 4.21% | $39.95 |
01/28/2015 | 01/28/2015 | $0.420 | 3.85% | 3.88% | $43.30 |
10/29/2014 | 10/29/2014 | $0.420 | 4.43% | 4.51% | $37.23 |
07/29/2014 | 07/29/2014 | $0.420 | 4.48% | 4.61% | $36.47 |
04/28/2014 | 04/28/2014 | $0.405 | 4.70% | 4.70% | $34.46 |
01/29/2014 | 01/29/2014 | $0.405 | 4.95% | 4.98% | $32.51 |
10/29/2013 | 10/29/2013 | $0.405 | 4.60% | 4.66% | $34.78 |
07/29/2013 | 07/29/2013 | $0.405 | 4.43% | 4.51% | $35.93 |
04/26/2013 | 04/26/2013 | $0.395 | 4.03% | 4.03% | $39.18 |
01/29/2013 | 01/29/2013 | $0.395 | 4.91% | 4.95% | $31.95 |
10/31/2012 | 10/31/2012 | $0.395 | 4.92% | 4.99% | $31.68 |
07/27/2012 | 07/27/2012 | $0.395 | 5.31% | 5.41% | $29.21 |
04/26/2012 | 04/26/2012 | $0.385 | 5.63% | 5.63% | $27.36 |
01/27/2012 | 01/27/2012 | $0.385 | 5.65% | 5.67% | $27.18 |
10/27/2011 | 10/27/2011 | $0.385 | 5.61% | 5.65% | $27.27 |
07/27/2011 | 07/27/2011 | $0.385 | 6.08% | 6.14% | $25.10 |
04/27/2011 | 04/27/2011 | $0.380 | 5.83% | 5.83% | $26.08 |
01/27/2011 | 01/27/2011 | $0.380 | 6.08% | 6.10% | $24.93 |
10/27/2010 | 10/27/2010 | $0.380 | 5.58% | 5.62% | $27.04 |
07/28/2010 | 07/28/2010 | $0.380 | 6.45% | 6.51% | $23.35 |
04/28/2010 | 04/28/2010 | $0.375 | 6.36% | 6.36% | $23.59 |
01/27/2010 | 01/27/2010 | $0.375 | 7.32% | 7.32% | $20.49 |
10/28/2009 | 10/28/2009 | $0.375 | 7.71% | 7.71% | $19.45 |
07/29/2009 | 07/29/2009 | $0.375 | 7.80% | 7.80% | $19.22 |
04/28/2009 | 04/28/2009 | $0.375 | 8.60% | 8.60% | $17.45 |
01/28/2009 | 01/28/2009 | $0.375 | 9.24% | 9.24% | $16.23 |
10/29/2008 | 10/29/2008 | $0.375 | 9.16% | 9.28% | $16.16 |
07/29/2008 | 07/29/2008 | $0.375 | 6.98% | 7.17% | $20.93 |
04/28/2008 | 04/28/2008 | $0.375 | 6.13% | 6.39% | $23.48 |
01/29/2008 | 01/29/2008 | $0.355 | 6.33% | 6.33% | $22.43 |
10/29/2007 | 10/29/2007 | $0.355 | 5.67% | 5.75% | $24.68 |
07/27/2007 | 07/27/2007 | $0.355 | 6.64% | 6.84% | $20.77 |
04/26/2007 | 04/26/2007 | $0.355 | 5.56% | 5.80% | $24.47 |
01/29/2007 | 01/29/2007 | $0.335 | 5.66% | 5.70% | $23.49 |
10/27/2006 | 10/27/2006 | $0.335 | 5.94% | 6.03% | $22.21 |
07/27/2006 | 07/27/2006 | $0.335 | 6.40% | 6.55% | $20.46 |
04/26/2006 | 04/26/2006 | $0.325 | 6.19% | 6.19% | $21.00 |
01/27/2006 | 01/27/2006 | $0.325 | 5.77% | 5.77% | $22.55 |
10/27/2005 | 10/27/2005 | $0.325 | 7.03% | 7.03% | $18.49 |
07/27/2005 | 07/27/2005 | $0.325 | 6.26% | 6.26% | $20.76 |
04/27/2005 | 04/27/2005 | $0.325 | 6.84% | 6.84% | $19.00 |
01/27/2005 | 01/27/2005 | $0.325 | 6.98% | 7.01% | $18.54 |
10/27/2004 | 10/27/2004 | $0.325 | 6.62% | 6.67% | $19.49 |
07/28/2004 | 07/28/2004 | $0.325 | 7.56% | 7.65% | $16.99 |
04/28/2004 | 04/28/2004 | $0.320 | 7.59% | 7.59% | $16.86 |
01/28/2004 | 01/28/2004 | $0.320 | 7.15% | 7.15% | $17.90 |
10/29/2003 | 10/29/2003 | $0.320 | 7.37% | 7.37% | $17.37 |
07/29/2003 | 07/29/2003 | $0.320 | 7.21% | 7.21% | $17.75 |
04/28/2003 | 04/28/2003 | $0.320 | 7.85% | 7.85% | $16.30 |
01/29/2003 | 01/29/2003 | $0.320 | 8.58% | 8.61% | $14.86 |
10/29/2002 | 10/29/2002 | $0.320 | 8.09% | 8.16% | $15.69 |
07/29/2002 | 07/29/2002 | $0.320 | 7.86% | 7.95% | $16.10 |
04/26/2002 | 04/26/2002 | $0.315 | 8.59% | 8.59% | $14.67 |
01/29/2002 | 01/29/2002 | $0.315 | 9.53% | 9.53% | $13.22 |
10/29/2001 | 10/29/2001 | $0.315 | 9.64% | 9.64% | $13.07 |
07/27/2001 | 07/27/2001 | $0.315 | 9.39% | 9.39% | $13.42 |
04/26/2001 | 04/26/2001 | $0.315 | 10.24% | 10.29% | $12.25 |
01/29/2001 | 01/29/2001 | $0.315 | 10.64% | 10.72% | $11.75 |
10/27/2000 | 10/27/2000 | $0.315 | 12.22% | 12.37% | $10.19 |
07/27/2000 | 07/27/2000 | $0.310 | 11.74% | 11.74% | $10.56 |
04/26/2000 | 04/26/2000 | $0.310 | 11.40% | 11.40% | $10.88 |
01/27/2000 | 01/27/2000 | $0.310 | 12.10% | 12.10% | $10.25 |
Dividend Payout Ratio
Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.
Dividend to Free Cash Flow Ratio
Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.
Share Price
Historical closing price with range controls. Table view includes quarterâoverâquarter and yearâoverâyear changes for additional context.
Price to Earnings
NNN trades at a 77.2x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.
Price to Sales
NNN trades at a 34.2x price-to-sales ratio, providing insight into market valuation relative to revenue generation.
Revenue
NNN generated $0.2B in revenue. Revenue has grown by 25% over the period.
Net Income
NNN reported $0.1B in net income. Net income has grown by 52% over the period.
Revenue vs Net Income
NNN generated $0.2B in revenue with net income of $0.1B, representing a 44.3% net profit margin.
Gross Profit
NNN achieved $0.2B in gross profit, showing revenue after direct production costs.
Operating Income
NNN generated $0.1B in operating income, representing profit from core business operations.
EBITDA
NNN generated $0.1B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.
Operating Cash Flow
NNN generated $0.1B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.
Free Cash Flow
NNN generated $0.1B in free cash flow. Free cash flow has increased by 55% over the period.
Free Cash Flow / Share
NNN generates $0.57 in free cash flow per share. FCF per share has grown by 55% over the period.
Earnings Per Share (EPS)
NNN reported $0.53 in earnings per share. EPS has grown by 52% over the period.
Return on Equity (ROE)
NNN delivered a 36.9% return on equity, indicating how effectively the company generates returns for shareholders.
Return on Assets (ROA)
NNN achieved a 22.2% return on assets, measuring how efficiently the company uses its assets to generate profit.
Net Profit Margin
NNN maintains a 44.3% net profit margin, showing the percentage of revenue retained as profit after all expenses.
Gross Profit Margin
NNN operates with a 80.6% gross profit margin, reflecting pricing power and cost efficiency in core operations.
Cash & Debt
NNN holds $0.0B in cash against $0.0B in debt, resulting in a net cash position of $0.0B.
Shares Outstanding
NNN has 0.2B shares outstanding.
Stock-Based Comp
NNN reported $0.0B in stock-based compensation. Over the period, stock-based compensation has increased by 25%.
FCF vs Stock Based Comp
NNN generated $0.1B in free cash flow while spending $0.0B on stock-based compensation, representing 5% of FCF.
FCF vs FCF / Share
NNN reported $0.1B in free cash flow, translating to $0.57 per share.
Revenue: Actual + Estimates
This chart tracks NNN revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EPS: Actual + Estimates
This chart tracks NNN eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
Net Income: Actual + Estimates
This chart tracks NNN net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EBITDA: Actual + Estimates
This chart tracks NNN ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.