National Retail Properties, Inc. Declares Dividend for Its Series C Preferred Stock
ORLANDO, Fla., Nov. 15, 2010 /PRNewswire-FirstCall/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend on its Series C Cumulative Redeemable Preferred Stock of 46.09375 cents per depositary share payable December 15, 2010, to shareholders of record on November 30, 2010. The dividend represents an annualized rate of $1.84375 per depositary share.
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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