National Retail Properties, Inc. Announces Common Dividend
ORLANDO, Fla., Oct. 15, 2012 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 39.5 cents per share payable November 15, 2012 to common shareholders of record on October 31, 2012. The dividend represents an annualized rate of $1.58 per share. National Retail Properties is one of only four publicly traded REITs and 104 publicly traded companies in America to have increased annual dividends for 23 or more consecutive years.
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of June 30, 2012, the company owned 1,506 Investment Properties in 47 states with a gross leasable area of approximately 17.8 million square feet. For more information on the company, visit www.nnnreit.com.
SOURCE National Retail Properties, Inc.