Common Dividend Declared By National Retail Properties, Inc.

The Board of Directors of National Retail Properties (NYSE: NNN) has declared a quarterly dividend of 53 cents per share, payable on November 15, 2021 to shareholders of record on October 29, 2021.

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Rhea-AI Sentiment

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Rhea-AI Summary

The Board of Directors of National Retail Properties (NYSE: NNN) has declared a quarterly dividend of 53 cents per share, payable on November 15, 2021 to shareholders of record on October 29, 2021. The company primarily invests in high-quality retail properties, owning 3,173 properties across 48 states, with a gross leasable area of approximately 32.7 million square feet and an average remaining lease term of 10.6 years.

Positive

Quarterly dividend of 53 cents per share enhances shareholder income.
Ownership of 3,173 properties indicates a strong portfolio.

Negative

None.

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News Market Reaction – NNN

The recorded move for NNN in the trading session of this news was +0.13%.

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10/15/2021 - 08:30 AM

ORLANDO, Fla., Oct. 15, 2021 /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 November 15, 2021 to common shareholders of record on October 29, 2021.

National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of June 30, 2021, the company owned 3,173 properties in 48 states with a gross leasable area of approximately 32.7 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.