Orlando, FL, Feb. 6, 2012 – National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced operating results for the quarter and year ended December 31, 2011. Highlights include:
• Increased FFO per share 8.3% from $1.45 in 2010 to $1.57 in 2011 (excluding impairments)
• Dividend yield at December 31, 2011 of 5.8%
• Dividends per share increased to $1.53 (+ 1.3%) marking the 22nd consecutive year of annual dividend increases - one of only 104 public companies with 22 or more consecutive annual dividend increases
• Maintained high occupancy levels at 97.4%
• Invested $772.4 million in 218 properties with an aggregate 3,448,000 square feet of gross leasable area
• Sold eight properties for $12.6 million producing $527,000 of gains on sale (not included in FFO)
• Expanded unsecured bank credit facility to $450 million while extending the term to May 2015 and reducing the interest
rate to LIBOR + 150 bps
For a complete copy of the company’s news release and statistics, please contact
Kevin B. Habicht
Chief Financial Officer
(407) 265-7348
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