Common Dividend Declared By National Retail Properties, Inc.
ORLANDO, Fla., Jan. 16, 2018 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 47.5 cents per share payable February 15, 2018 to common shareholders of record on January 31, 2018. National Retail Properties is one of only four publicly traded REITs and 88 publicly traded companies in America to have increased annual dividends for 28 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, 2017, the company owned 2,687 properties in 48 states with a gross leasable area of approximately 28.2 million square feet with a weighted average remaining lease term of 11.4 years. For more information on the company, visit www.nnnreit.com.
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