NNN REIT: A Resilient High-Yield Dividend Champion Still Worth Accumulating

NNN REIT, Inc. (NNN) is reiterated as a Buy, supported by a resilient, diversified portfolio and 36 years of consecutive dividend increases. NNN delivered solid 2025 results, guided for 2026 AFFO per share growth of 3.2%, and executed record $931M in acquisitions at a ~7.4% cap rate. Their ~5.33% dividend yield is well-covered by a ~70% payout ratio, allowing continued dividend growth, despite macroeconomic headwinds.