COMMON DIVIDEND DECLARED BY NATIONAL RETAIL PROPERTIES, INC.
Rhea-AI Summary
The Board of Directors of National Retail Properties declared a quarterly dividend of 53 cents per share, payable on May 16, 2022, to shareholders on record as of April 29, 2022. The company focuses on investing in high-quality retail properties under long-term net leases. As of December 31, 2021, it owned 3,223 properties across 48 states, offering a gross leasable area of approximately 32.8 million square feet and a weighted average remaining lease term of 10.6 years.
AI-generated analysis. Not financial advice.
Positive
- Quarterly dividend of 53 cents per share declared.
- Stable investment in 3,223 properties with long-term leases.
Negative
- None.
News Market Reaction – NNN
On the day this news was published, NNN gained 0.91%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
ORLANDO, Fla., April 14, 2022 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 53 cents per share payable May 16, 2022 to common shareholders of record on April 29, 2022.
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of December 31, 2021, the company owned 3,223 properties in 48 states with a gross leasable area of approximately 32.8 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.