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 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.
News Market Reaction 1 Alert
On the day this news was published, NNN gained 0.13%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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.
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SOURCE National Retail Properties, Inc.
