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Press release content from PR Newswire. The AP news staff was not involved in its creation.

Common Dividend Declared By National Retail Properties, Inc.

April 15, 2021 GMT
(PRNewsfoto/National Retail Properties, Inc.)
(PRNewsfoto/National Retail Properties, Inc.)

ORLANDO, Fla., April 15, 2021 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 52 cents per share payable May 14, 2021 to common shareholders of record on April 30, 2021. NNN is one of only three publicly traded REITs and 86 publicly traded companies in America to have increased annual dividends for 31 or more consecutive years.

National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of December 31, 2020, the company owned 3,143 properties in 48 states with a gross leasable area of approximately 32.5 million square feet and with a weighted average remaining lease term of 10.7 years. For more information on the company, visit www.nnnreit.com.

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SOURCE National Retail Properties, Inc.