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National Retail Properties, Inc. Declares Dividend For Its 5.20% Series F Preferred Stock

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On August 14, 2020, National Retail Properties (NYSE: NNN) announced a cash dividend of 32.5 cents per share on its 5.20% Series F Cumulative Redeemable Preferred Stock. The dividend is payable on September 15, 2020, to shareholders of record as of August 31, 2020. As of June 30, 2020, the company owns 3,117 properties across 48 states, with a total gross leasable area of approximately 32.5 million square feet and a weighted average remaining lease term of 10.9 years.

Positive
  • Declared a cash dividend of 32.5 cents per share, demonstrating company confidence.
  • Long-term, net lease properties provide income stability.
Negative
  • None.

ORLANDO, Fla., Aug. 14, 2020 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a cash dividend on its 5.20% Series F Cumulative Redeemable Preferred Stock of 32.5 cents per depositary share payable September 15, 2020, to shareholders of record on August 31, 2020.

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.

FAQ

What is the dividend amount for NNN's Series F Preferred Stock?

The dividend amount is 32.5 cents per share.

When is the dividend payment date for National Retail Properties?

The dividend is payable on September 15, 2020.

What is the record date for the dividend payment for NNN?

The record date is August 31, 2020.

How many properties does National Retail Properties own?

National Retail Properties owns 3,117 properties.

What is the gross leasable area of NNN's properties?

The gross leasable area is approximately 32.5 million square feet.

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7.91B
183.66M
0.77%
89.58%
2.14%
REIT - Retail
Real Estate Investment Trusts
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United States of America
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