COMMON DIVIDEND DECLARED BY NATIONAL RETAIL PROPERTIES, INC.

Rhea-AI Summary

The Board of Directors of National Retail Properties (NYSE: NNN) declared a quarterly dividend of 55 cents per share. This dividend will be payable on February 15, 2023, to common shareholders on record as of January 31, 2023. NNN is recognized for its strong track record, being one of only three publicly traded REITs and 78 publicly traded companies in the U.S. that have consistently increased annual dividends for over 33 years. As of September 30, 2022, NNN owned 3,349 properties across 48 states, encompassing approximately 34.3 million square feet of gross leasable area, and a weighted average remaining lease term of 10.4 years.

Positive

• Declared a quarterly dividend of 55 cents per share, payable on February 15, 2023.
• NNN has increased annual dividends for over 33 consecutive years, demonstrating strong shareholder confidence.

Negative

• None.

ORLANDO, Fla., Jan. 13, 2023 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 55 cents per share payable February 15, 2023 to common shareholders of record on January 31, 2023. NNN is one of only three publicly traded REITs and 78 publicly traded companies in America to have increased annual dividends for 33 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, 2022, the company owned 3,349 properties in 48 states with a gross leasable area of approximately 34.3 million square feet and with a weighted average remaining lease term of 10.4 years. For more information on the company, visit www.nnnreit.com.

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SOURCE National Retail Properties, Inc.

FAQ

What is the dividend amount for NNN in 2023?

The dividend amount declared for NNN is 55 cents per share.

When is the NNN dividend payment date?

The dividend payment date for NNN is February 15, 2023.

What is the record date for NNN's dividend?

The record date for NNN's dividend is January 31, 2023.

How long has NNN been increasing dividends?

NNN has consistently increased its annual dividends for over 33 consecutive years.