ORLANDO, Fla., Oct. 14, 2011 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 38.5 cents per share payable November 15, 2011 to common shareholders of record on October 31, 2011. The dividend represents an annualized rate of $1.54 per share and marks the twenty-second consecutive year National Retail Properties has paid increased annual dividends per share. National Retail Properties is one of only four publicly traded REITs and 105 publicly traded companies in America to have increased annual dividends for 22 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, 2011, the company owned 1,248 Investment Properties in 46 states with a gross leasable area of approximately 13.6 million square feet. For more information on the company, visit www.nnnreit.com.
SOURCE National Retail Properties, Inc.