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Home · Retail · National Retail Properties, Inc. Declares Dividend For its Series C Preferred Stock

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National Retail Properties, Inc. Declares Dividend For its Series C Preferred Stock

ORLANDO, FL (REIT Media) May 15, 2007 - The Board of Directors of National Retail Properties, Inc. ("Board") (NYSE:NNN), a real estate investment trust, declared a quarterly dividend on its Series C Cumulative Redeemable Preferred Stock of 46.09375 cents per depositary share payable June 15, 2007 to shareholders of record on May 31, 2007. The dividend represents an annualized rate of $1.84375 per depositary share.

National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of March 31, 2007, the company owned 730 Investment properties in 44 states with a gross leasable area of approximately 9.4 million square feet. For more information on the company, visit http://www.nnnreit.com.

Source: National Retail Properties, Inc.

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May.15.2007. 16:30

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