ORLANDO, Fla., April 15, 2019 /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NNN), a real estate investment trust, declared a quarterly dividend of 50 cents per share payable May 15, 2019, to common shareholders of record on April 30, 2019. National Retail Properties is one of only three publicly traded REITs and 86 publicly traded companies in America to have increased annual dividends for 29 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, 2018, the company owned 2,969 properties in 48 states with a gross leasable area of approximately 30.5 million square feet with a weighted average remaining lease term of 11.5 years. For more information on the company, visit www.nnnreit.com.