NNN REIT: This Dividend Champion Belongs In Retirement Portfolios

NNN REIT remains a Buy, offering an attractive valuation with a solid margin of safety and a sustainable, growing dividend yield. NNN delivered a strong Q1, with AFFO of $0.87 per share, 98.6% occupancy, and several acquisitions at a 7.5% cap rate. Management's proactive portfolio optimization and zero exposure to recent major tenant bankruptcies—unlike peers—underscore NNN's resilience versus peers.