ORLANDO, Fla., Jan. 14, 2011 /PRNewswire/ -- National Retail Properties, Inc. , an equity real estate investment trust, announced today that 76.5209% of the dividends paid to common shareholders and 100.0% of the dividends paid to preferred shareholders in 2010 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.
Total Ordinary Qualified Dividend -------- --------- Dividend Income (1) ------ --------- Common Stock (CUSIP #: 637417106) 100.0000% 76.4309% 5.4080% $1.510000 $1.154107 $0.081661 Preferred Series C (CUSIP #: 637417403) 100.0000% 100.0000% 7.6247% $1.843750 $1.843750 $0.140580 Total Non- Capital Unrecaptured taxable Section Gain 1250 Distributions Distribution Gain (2) Common Stock (CUSIP #: 637417106) 0.0900% 0.0330% 23.4791% $ $0.001359 $0.000498 $0.354534 Preferred Series C (CUSIP #: 637417403) 0.0000% 0.0000% 0.0000% $ $0.000000 $0.000000 $0.000000 (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 $1.51 per share paid in 2010 marks the twenty first 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."
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of September 30, 2010, the company owned 1,037 Investment Properties in 43 states with a gross leasable area of approximately 11.7 million square feet. For more information on the company, visit http://www.nnnreit.com/.
National Retail Properties, Inc.
CONTACT: Kevin B. Habicht, Chief Financial Officer, +1-407-265-7348
Web Site: http://www.nnnreit.com/
