Computed head-to-head · 6 dimensions
NNN vs O
NNN REIT, Inc. versus Realty Income Corp. — yield, safety, growth trend, cost, scale, and tax treatment.
O wins 2–1 on our six-dimension comparison, but NNN can still be the better fit depending on your priorities — see each dimension below.
O wins this comparison 2–1 across 6 dimensions. O yields 5.42% — lower than NNN's 5.49% — and carries a 5.8/10 dividend safety score (Mixed) vs 5.2/10 for NNN (Mixed). O wins 2–1 on our six-dimension comparison, but NNN can still be the better fit depending on your priorities — see each dimension below.
On dividend safety, O scores 5.8/10 (Mixed) vs 5.2/10 (Mixed) for NNN — O has a stronger composite of payout coverage, yield zone, and dividend trend signals. On yield, NNN's 5.49% vs 5.42% represents a $70 annual income gap on $100,000 invested.
Scorecard at a glance
| Dimension | NNN | O | Winner |
|---|---|---|---|
| Yield | 5.49% | 5.42% | NNN wins |
| Dividend safety | 5.2/10 | 5.8/10 | O wins |
| Growth trend | +0.31% vs 5y | +0.32% vs 5y | Tie |
| Volatility (beta) | 0.80 | 0.71 | Tie |
| Scale | $8.3B | $56.4B | O wins |
| Tax efficiency | Ordinary income | Ordinary income | Tie |
| Overall | 1 wins | 2 wins | O wins |
Dimension by dimension
NNN wins on yield (5.49% vs 5.42%)
On a $10,000 investment that's about $7 more in annual dividend income before taxes — though higher yield often comes with higher risk.
O wins on safety (5.8/10 vs 5.2/10)
Our score combines yield zone, payout ratio, trend vs 5-year average, instrument type, and size. O scores better on the weighted average of those factors.
O (5.8/10) scores 0.6 points higher than NNN (5.2/10). A higher safety score means lower historical indicators of dividend cut risk — payout ratio, yield zone, and trend all factor in.
Yield trends are similar
Both tickers' current yields sit close to their 5-year averages, suggesting comparable dividend-vs-price trajectories.
Volatility (beta) is similar
Both tickers move with comparable sensitivity to the broader market.
O is 6.8× larger by market cap
Larger companies tend to have tighter spreads, deeper liquidity, and lower closure risk.
Both have similar tax-treatment concerns
Both pay primarily ordinary-income distributions (covered call ETF, REIT, or mREIT). Hold in a tax-advantaged account for the cleanest treatment.
How we compare these
Every comparison on this page is computed from current public data, not written by hand. Yield comes from the most recent dividend distribution annualized over current price. Safety scores combine yield zone, payout ratio, trend vs 5-year average, instrument type, and size — see our methodology for the exact formula. Tax-efficiency flags identify covered-call ETFs, REITs, and mREITs which distribute primarily as ordinary income.
This is educational, not investment advice.Scores reflect a snapshot of public data on the "as of" dates shown on each ticker's safety page. Verify on the issuer's investor relations page or your brokerage before making decisions.
Frequently asked
Which is better for income, NNN or O?
O wins 2–1 on our six-dimension comparison, but NNN can still be the better fit depending on your priorities — see each dimension below.
NNN vs O: which has a higher dividend yield?
NNN yields 5.49% and O yields 5.42%. On a $10,000 investment that's about $7 more in annual dividend income before taxes — though higher yield often comes with higher risk.
Is NNN or O a safer dividend in 2026?
NNN scores 5.2/10 (Mixed) on the Infnits dividend safety scale. O scores 5.8/10 (Mixed). O is the safer pick on our scoring model.
Which has better dividend growth, NNN or O?
Both tickers' current yields sit close to their 5-year averages, suggesting comparable dividend-vs-price trajectories.
NNN vs O: which is more tax-efficient?
Both pay primarily ordinary-income distributions (covered call ETF, REIT, or mREIT). Hold in a tax-advantaged account for the cleanest treatment.
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