National Retail Properties, Inc. Declares Dividend For Its 5.20% Series F Preferred Stock
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.
Sentiment and the balance of points
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Rhea-AI Summary
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.
Details
News Market Reaction – NNN
The recorded move for NNN in the trading session of this news was -0.63%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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.
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