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National Retail Properties, Inc. Announces 2012 Dividend Tax Status
By: PR Newswire
Jan. 11, 2013 04:30 PM
ORLANDO, Fla., Jan. 11, 2013 /PRNewswire/ -- National Retail Properties, Inc. (NYSE: NNN), an equity real estate investment trust, announced today that 82.2178% of the dividends paid to common shareholders, 100.0% of the dividends paid to shareholders of its Preferred Series C and 100.0% of the dividends paid to shareholders of its Preferred Series D in 2012 are classified for federal income tax purposes as a taxable distribution. The tax attributes of the common stock and preferred series' dividends paid per share are outlined below.
(1) Represents additional characterization of, and is part of, "Ordinary Income."
(2) Represents additional characterization of, and is part of, "Total Capital Gain Distribution."
"The common dividend of $1.56 per share paid in 2012 marked the twenty-third consecutive annual dividend increase for National Retail Properties, a milestone very few public companies have achieved," said Kevin Habicht, Chief Financial Officer. "This consistent dividend has been an important part of the company's total return to shareholders which has outperformed industry and general equity benchmarks for many years."
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of September 30, 2012, the company owned 1,530 Investment Properties in 47 states with a gross leasable area of approximately 18.3 million square feet. For more information on the company, visit www.nnnreit.com.
SOURCE National Retail Properties, Inc.
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