National Retail Properties, Inc. Declares Common Dividend
ORLANDO, Fla., Jan. 14, 2011 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 38 cents per share payable February 15, 2011 to common shareholders of record on January 31, 2011. The dividend represents an annualized rate of $1.52 per share. National Retail Properties has paid increased annual dividends per share for 21 consecutive years and is one of only four publicly traded REITs and 114 publicly traded companies in America to have increased annual dividends for 21 or more consecutive years.
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of September 30, 2010, the company owned 1,037 Investment Properties in 43 states with a gross leasable area of approximately 11.7 million square feet. For more information on the company, visit www.nnnreit.com.
SOURCE National Retail Properties, Inc.
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