ORLANDO, Fla., Oct. 15 /PRNewswire-FirstCall/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 38 cents per share payable November 15, 2010 to common shareholders of record on October 29, 2010. This quarterly dividend payment brings the total dividend paid for 2010 to $1.51 per share, marking the twenty-first consecutive annual dividend increase for National Retail Properties. Only 114 publicly traded companies in America have increased annual dividends paid to shareholders for 20 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, 2010, the company owned 1,014 Investment Properties in 43 states with a gross leasable area of approximately 11.4 million square feet. For more information on the company, visit www.nnnreit.com.
SOURCE National Retail Properties, Inc.