ORLANDO, Fla., Feb. 15, 2017 /PRNewswire/ -- The Board of
Directors of National Retail Properties, Inc. (NYSE: NNN), a real
estate investment trust, declared a cash dividend on its 5.70%
Series E Cumulative Redeemable Preferred Stock of 35.625 cents per depositary share payable
March 15, 2017, to shareholders of
record on February 28, 2017.
The Board also declared a cash dividend on its 5.20% Series F
Cumulative Redeemable Preferred Stock of 32.5 cents per depositary share payable
March 15, 2017 to shareholders of
record on February 28, 2017.
National Retail Properties invests primarily in high-quality
retail properties subject generally to long-term, net leases. As of
December 31, 2016, the company owned
2,535 properties in 48 states with a gross leasable area of
approximately 27.2 million square feet with a weighted average
remaining lease term of 11.6 years. For more information on the
company, visit www.nnnreit.com.
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SOURCE National Retail Properties, Inc.