ORLANDO, Fla., May 16, 2016 /PRNewswire/ -- The Board of
Directors of National Retail Properties, Inc. (NYSE: NNN), a real
estate investment trust, declared a cash dividend on its 6.625%
Series D Cumulative Redeemable Preferred Stock of 41.40625 cents per depositary share payable
June 15, 2016, to shareholders of
record on May 31, 2016. The
Board also declared a cash dividend on its 5.70% Series E
Cumulative Redeemable Preferred Stock of 35.625 cents per depositary share payable
June 15, 2016, to shareholders of
record on May 31, 2016.
National Retail Properties invests primarily in high-quality
retail properties subject generally to long-term, net leases. As of
March 31, 2016, the company owned
2,293 properties in 47 states with a gross leasable area of
approximately 25.4 million square feet with a weighted average
remaining lease term of 11.3 years. For more information on the
company, visit www.nnnreit.com.
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SOURCE National Retail Properties, Inc.