ORLANDO, FL, July 15, 2011 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 38.5 cents per share payable August 15, 2011 to common shareholders of record on July 29, 2011. The dividend represents an annualized rate of $1.54 per share and marks the twenty-second consecutive year National Retail Properties has paid increased annual dividends per share. National Retail Properties is one of only four publicly traded REITs and 105 publicly traded companies in America to have increased annual dividends for 22 or more consecutive years.
"We are proud to reach our twenty-second consecutive year of increased annual dividend payments," said Craig Macnab (top right photo), Chairman and CEO. "A consistent and increasing dividend is extremely important to our shareholders and is a track record we intend to perpetuate."
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of March 31, 2011, the company owned 1,223 Investment Properties in 46 states with a gross leasable area of approximately 13.3 million square feet. For more information on the company, visit www.nnnreit.com.
Contact: Kevin B. Habicht, Chief Financial Officer, +1-407-265-7348
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