National Retail Properties, Inc. Declares Dividend for Its Series C Preferred Stock
ORLANDO, Fla., Aug. 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 September 15, 2011, to shareholders of record on August 31, 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 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.
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