ORLANDO, Fla., Jan. 15 /PRNewswire-FirstCall/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 37.5 cents per share payable February 15, 2010 to common shareholders of record on January 29, 2010. The dividend represents an annualized rate of $1.50 per share. National Retail Properties has paid increased annual dividends per share for 20 consecutive years and is one of only four publicly traded REITs and 156 publicly traded companies in America to have increased annual dividends 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 September 30, 2009, the company owned 1,004 Investment properties in 44 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.