Common Dividend Declared By National Retail Properties, Inc.
National Retail Properties, Inc. (NYSE: NNN) has declared a quarterly dividend of 52 cents per share, payable on November 16, 2020. Shareholders on record as of October 30, 2020 will receive this payment. NNN is notable for being one of only three publicly traded REITs and part of 86 companies in the U.S. that have increased dividends for over 31 consecutive years. The company owns 3,117 properties across 48 states, with a total leasable area of approximately 32.5 million square feet.
- Quarterly dividend of 52 cents per share boosts shareholder income.
- NNN has a strong history of increasing dividends for 31 consecutive years, indicating stability.
- None.
ORLANDO, Fla., Oct. 15, 2020 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 52 cents per share payable November 16, 2020 to common shareholders of record on October 30, 2020. NNN is one of only three publicly traded REITs and 86 publicly traded companies in America to have increased annual dividends for 31 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, 2020, the company owned 3,117 properties in 48 states with a gross leasable area of approximately 32.5 million square feet and with a weighted average remaining lease term of 10.9 years. For more information on the company, visit www.nnnreit.com.
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SOURCE National Retail Properties, Inc.
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