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

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The Board of Directors of National Retail Properties (NYSE: NNN) has 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 September 15, 2021, to shareholders of record as of August 31, 2021. The company, as of June 30, 2021, owns 3,173 properties across 48 states, encompassing approximately 32.7 million square feet with an average remaining lease term of 10.6 years.

Positive

• Declared a cash dividend of 32.5 cents per share, providing income for shareholders.
• Strong property portfolio with 3,173 properties and a weighted average lease term of 10.6 years.

Negative

• None.

ORLANDO, Fla., Aug. 16, 2021 /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, 2021, to shareholders of record on August 31, 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.

FAQ

What is the dividend amount declared by National Retail Properties (NNN)?

National Retail Properties declared a cash dividend of 32.5 cents per share on its 5.20% Series F Preferred Stock.

When is the dividend payment date for National Retail Properties (NNN)?

The dividend is payable on September 15, 2021.

What is the record date for the dividend for National Retail Properties (NNN)?

The record date for the dividend is August 31, 2021.

How many properties does National Retail Properties (NNN) own?

As of June 30, 2021, National Retail Properties owns 3,173 properties.

What is the average lease term for National Retail Properties (NNN)?

The average remaining lease term for the company's properties is 10.6 years.