NNN REIT, Inc.
NNNNNN REIT, Inc. (NNN) is a Real Estate company that currently yields 5.28% — historically overvalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $32.91 and the overvaluation threshold at $45.25. NNN REIT, Inc. holds a quality score of 33/100 (Risky), reflecting 14 consecutive years of dividend growth with a 118% payout ratio. The 5-year dividend CAGR stands at 2.7%.
NNN Dividend Yield History — Weiss Valuation
Distance to undervalued
Entry price is stretched
Needs 28.2% downside to reach the Weiss buy zone
Undervaluation starts near $32.91, where the annual dividend would imply roughly 7.35% yield. That is 2.07% above today's yield.
Buy-zone price
$32.91
Target yield
7.35%
Research checklist
What to clear before buying the yield
Updated Aug 23, 2026
Dividend durability
14YLong dividend history supports a deeper look.
Earnings payout
118%Coverage deserves a closer look in filings.
Cash payout
N/AConfirm cash conversion and one-off effects.
Dividend growth
2.7%Lower growth changes the return trade-off.
What changed
What changed since the last update
2026-08-22 → 2026-08-23
No major change in signal, yield, price, quality, or payout since the last update.
Why Now?
NNN REIT, Inc. is trading near its historical overvaluation band.
Current yield 5.3% vs historical max 9.5% (55% of maximum).
14 consecutive years without a dividend cut.
Elevated payout ratio of 118%.
What matters now
Read the signal before the headline yield
Valuation is the brake here: the yield is compressed versus its own history.
The 33/100 quality score says the headline yield needs extra skepticism.
The earnings payout ratio is above 100%, so coverage is the first risk to unpack.
NNN Dividend Income Projection — DRIP Compounder
Dividend Compounder (DRIP)
Year 1 Income
$542
Year 10 Income
$1,169
Yield on Cost
12.5%
Total Income
$8,130
Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.
Track actual vs. projected
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Full price history & technical analysis
TradingView ↗Fundamentals, valuation & analyst ratings
FinViz ↗Moat rating & analyst fair value
Morningstar ↗Track dividends received & tax reports
Sharesight ↗NNN Dividend Quality Score
Quality Score
Risky
Key Metrics
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