COMMON DIVIDEND DECLARED BY NATIONAL RETAIL PROPERTIES, INC.

Rhea-AI Summary

The Board of Directors of National Retail Properties (NYSE: NNN) has declared a quarterly dividend of 55 cents per share, payable on November 15, 2022, to shareholders of record by October 31, 2022. NNN is recognized for having increased annual dividends for over 33 consecutive years, ranking it among only three publicly traded REITs and 86 companies in the U.S. with this achievement. As of June 30, 2022, NNN owned 3,305 properties across 48 states, totaling approximately 33.8 million square feet of gross leasable area.

Positive

• Declared a quarterly dividend of 55 cents per share, enhancing shareholder income.
• Recognized for 33 consecutive years of annual dividend increases, showcasing company stability.

Negative

• None.

ORLANDO, Fla., Oct. 14, 2022 /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 November 15, 2022 to common shareholders of record on October 31, 2022.   NNN is one of only three publicly traded REITs and 86 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 June 30, 2022, the company owned 3,305 properties in 48 states with a gross leasable area of approximately 33.8 million square feet and with a weighted average remaining lease term of 10.6 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 declared by National Retail Properties on October 14, 2022?

The dividend amount declared is 55 cents per share.

When will the dividend for NNN be paid to shareholders?

The dividend will be paid on November 15, 2022.

Who is eligible to receive the dividend declared by NNN?

Shareholders of record as of October 31, 2022, are eligible to receive the dividend.

How many consecutive years has NNN increased its dividends?

NNN has increased its dividends for over 33 consecutive years.

How many properties does National Retail Properties own?

As of June 30, 2022, NNN owns 3,305 properties.