National Retail Properties Declares 37.5 Cent Dividend
January 19, 2010 (FinancialWire) — The board of directors of National Retail Properties, Inc. (NYSE: NNN) has declared a quarterly dividend of 37.5 cents per share payable February 15, 2010 to common shareholders of record on January 29, 2010.
The dividend represents an annualized rate of $1.50 per share.
National Retail Properties invests primarily in retail properties subject generally to long-term, net leases. As of September 30, 2009, the company owned 1,004 Investment properties in 44 states with a gross leasable area of approximately 11.4 million square feet.
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