ORLANDO, Fla., Feb. 15, 2017 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a cash dividend on its 5.70% Series E Cumulative Redeemable Preferred Stock of 35.625 cents per depositary share payable March 15, 2017, to shareholders of record on February 28, 2017. The Board also declared a cash dividend on its 5.20% Series F Cumulative Redeemable Preferred Stock of 32.5 cents per depositary share payable March 15, 2017 to shareholders of record on February 28, 2017.
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of December 31, 2016, the company owned 2,535 properties in 48 states with a gross leasable area of approximately 27.2 million square feet with a weighted average remaining lease term of 11.6 years. For more information on the company, visit www.nnnreit.com.
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SOURCE National Retail Properties, Inc.