National Retail Properties (NYSE:NNN) declared quarterly dividend of $ 0.52 per share, or $ 2.08 annualized.
The dividend will be payable on August 14, 2020, to stockholders of record on July 31, 2020, with an ex-dividend date of July 30, 2020.
Jay Whitehurst, Chief Executive Officer, commented: National Retail Properties is pleased to make 2020 our 31st consecutive year with an annual dividend increase. This impressive streak is a powerful indicator of the value of our consistent, long-term strategy and business model.
Dividends History
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Stock Performance
According to the previous trading day, closing price of NNN was $ 33.83, representing a 40.72 % increase from the 52 week low of $ 24.04 and a 42.91 % decrease over the 52 week high of $ 59.26.
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The company has a market capital of $ 5.96 billion and is part of the Real Estate sector and REIT – Retail industry.
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of June 30, 2019, the company owned 3,043 properties in 48 states with a gross leasable area of approximately 32.1 million square feet and with a weighted average remaining lease term of 11.4 years.
