ORLANDO, Fla., Oct. 14, 2016 /PRNewswire/ -- The Board of
Directors of National Retail Properties, Inc. (NYSE: NNN), a real
estate investment trust, declared a quarterly dividend of
45.5 cents per share payable
November 15, 2016 to common
shareholders of record on October 31,
2016. This brings the total 2016 dividend to $1.78 per share which represents a 4% increase
and marks the 27th consecutive annual dividend increase for
NNN. National Retail Properties is one of only four publicly
traded REITs and 96 publicly traded companies in America to have
increased annual dividends for 27 or more consecutive years.
National Retail Properties invests primarily in high-quality
retail properties subject generally to long-term, net leases.
As of June 30, 2016, the
company owned 2,452 properties in 48 states with a gross leasable
area of approximately 26.3 million square feet and a weighted
average remaining lease term of 11.4 years. For more
information on the company, visit www.nnnreit.com.
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SOURCE National Retail Properties, Inc.