National Retail Properties' Series F Preferred Stock Shares Cross 5% Yield Mark

In trading on Friday, shares of National Retail Properties Inc's 5.20% Series F Cumulative Redeemable Preferred Stock (Symbol: NNN.PRF) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.30), with shares changing hands as low as $25.98 on the day. This compares to an average yield of 7.56% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, NNN.PRF was trading at a 5.24% premium to its liquidation preference amount, versus the average premium of 38.10% in the "Real Estate" category.

Performance Comparison Chart

Below is a dividend history chart for NNN.PRF, showing historical dividend payments on National Retail Properties Inc's 5.20% Series F Cumulative Redeemable Preferred Stock:

NNN.PRF+Dividend+History+Chart

In Friday trading, National Retail Properties Inc's 5.20% Series F Cumulative Redeemable Preferred Stock (Symbol: NNN.PRF) is currently up about 0.3% on the day, while the common shares (Symbol: NNN) are up about 0.1%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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