National Retail Properties's Series E Preferred Stock Shares Cross 5.5% Yield Mark

In trading on Friday, shares of National Retail Properties Inc’s 5.70% Series E Cumulative Redeemable Preferred Stock (Symbol: NNN.PRE) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.425), with shares changing hands as low as $25.73 on the day. This compares to an average yield of 6.88% in the “Real Estate” preferred stock category, according to Preferred Stock Channel . As of last close, NNN.PRE was trading at a 3.76% premium to its liquidation preference amount, versus the average premium of 2.82% in the “Real Estate” category.

The chart below shows the one year performance of NNN.PRE shares, versus NNN:

Performance Comparison Chart

Below is a dividend history chart for NNN.PRE, showing historical dividend payments on National Retail Properties Inc’s 5.70% Series E Cumulative Redeemable Preferred Stock:

NNN.PRE+Dividend+History+Chart

In Friday trading, National Retail Properties Inc’s 5.70% Series E Cumulative Redeemable Preferred Stock (Symbol: NNN.PRE) is currently down about 0.8% on the day, while the common shares (Symbol: NNN) are up about 1.5%.


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