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

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On November 16, 2020, National Retail Properties (NYSE: NNN) declared a cash dividend of 32.5 cents per share on its 5.20% Series F Cumulative Redeemable Preferred Stock. This dividend is payable on December 15, 2020, to shareholders of record as of November 30, 2020. The company, which invests in high-quality retail properties, owned 3,114 properties across 48 states as of September 30, 2020, with a gross leasable area of approximately 32.4 million square feet and a weighted average remaining lease term of 10.7 years.

Positive
  • Declared a cash dividend of 32.5 cents per depositary share.
  • Strong portfolio with 3,114 properties across 48 states.
  • Long-term leases with a weighted average remaining lease term of 10.7 years.
Negative
  • None.

ORLANDO, Fla., Nov. 16, 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 December 15, 2020, to shareholders of record on November 30, 2020.

National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of September 30, 2020, the company owned 3,114 properties in 48 states with a gross leasable area of approximately 32.4 million square feet and with a weighted average remaining lease term of 10.7 years. For more information on the company, visit www.nnnreit.com.

(PRNewsfoto/National Retail Properties, Inc.)

 

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SOURCE National Retail Properties, Inc.

FAQ

What is the dividend amount declared by NNN?

National Retail Properties declared a dividend of 32.5 cents per share.

When is the dividend payable for NNN?

The dividend is payable on December 15, 2020.

When is the record date for NNN's dividend?

The record date for the dividend is November 30, 2020.

What are the key metrics of NNN's property portfolio?

As of September 30, 2020, NNN owned 3,114 properties in 48 states with a gross leasable area of approximately 32.4 million square feet.

NNN REIT, Inc.

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7.46B
186.08M
0.77%
92.03%
1.98%
REIT - Retail
Real Estate Investment Trusts
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United States of America
ORLANDO