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

NEW YORK ( TheStreet) -- The ex-dividend date for National Retail Properties (NYSE: NNN) is tomorrow, July 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $29.72 as of 9:30 a.m. ET, the dividend yield is 5.4%.

The average volume for National Retail has been 1.3 million shares per day over the past 30 days. National Retail has a market cap of $3.15 billion and is part of the financial sector and real estate industry. Shares are up 12.4% 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 31, above the average real estate industry P/E ratio of 30.4 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 robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full National Retail Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec

China Trade Truce, General Electric and Tesla - 5 Things You Must Know

China Trade Truce, General Electric and Tesla - 5 Things You Must Know

GE Shares Gain Amid Reports of $20 Billion Wabtec Deal

GE Shares Gain Amid Reports of $20 Billion Wabtec Deal

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)