ORLANDO, Fla., Feb. 15, 2011 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend on its Series C Cumulative Redeemable Preferred Stock of 46.09375 cents per depositary share payable March 15, 2011, to shareholders of record on February 28, 2011. The dividend represents an annualized rate of $1.84375 per depositary share.
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of September 30, 2010, the company owned 1,037 Investment Properties in 43 states with a gross leasable area of approximately 11.7 million square feet. For more information on the company, visit www.nnnreit.com.
SOURCE National Retail Properties, Inc.