National Retail Stock To Go Ex-dividend Tomorrow (NNN)

NEW YORK ( TheStreet) -- The ex-dividend date for National Retail Properties (NYSE: NNN) is tomorrow, January 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 39 cents per share. At a price of $27.23 as of 9:30 a.m. ET, the dividend yield is 5.7%.

The average volume for National Retail has been 1.9 million shares per day over the past 30 days. National Retail has a market cap of $2.59 billion and is part of the financial sector and real estate industry. Shares are up 3.1% year to date as of the close of trading on Wednesday.

National Retail Properties, Inc. is a publicly owned equity real estate investment trust. The firm acquires, owns, manages, and develops retail properties in the United States. The company has a P/E ratio of 32.6, above the average real estate industry P/E ratio of 31.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates National Retail as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full National Retail Ratings Report.

See our dividend calendar or top-yielding stocks list.
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