National Retail Properties, Inc. Declares Dividend for Its Series C Preferred Stock
ORLANDO, Fla., Aug. 15 /PRNewswire-FirstCall/ — 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
September 15, 2008 to shareholders of record on August 29, 2008. 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 June 30, 2008,
the company owned 959 Investment properties in 44 states with a gross
leasable area of approximately 11 million square feet. For more information
on the company, visit http://www.nnnreit.com .
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[Via Real Estate Newswire]