National Retail Properties, Inc. announces dividend tax status for 2020


ORLANDO, Florida, January 11, 2021 / PRNewswire / – National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced that 80.1814% of dividends paid to common shareholders and 100.0% of dividends paid to shareholders of its Preferred Series F in 2020 are classified for federal income tax purposes as a taxable distribution. The tax characteristics of common shares and preferred series dividends paid per share are described below.

Total dividend

Ordinary dividend

(Box 1a)

Non-taxable distributions

(Box 3)

Article 199A

Dividends (1)
(Box 5)

Ordinary shares (CUSIP number: 637417106)





$ 2,070000

$ 1,659755

$ 0.410245

$ 1,659755

Favorite F Series (CUSIP #: 637417874)





$ 1,300,000

$ 1,300,000

$ 0.000000

$ 1,300,000

(1) Dividends eligible for the 20% deduction of eligible business income under section 199A and included in box 1a, Ordinary dividend.

“The common dividend of $ 2.07 per share paid in 2020 marked the thirty-first consecutive annual dividend increase for National Retail Properties, ”said Kevin habicht, Financial director. “This consistent dividend, in good times and bad, has been an important part of the company’s total return to shareholders.”

National Retail Properties invests primarily in high quality commercial properties that are generally subject to long-term net leases. From September 30, 2020, the company owned 3,114 properties in 48 states with approximately 32.4 million square feet of gross leasable area and a weighted average remaining lease term of 10.7 years. For more information about the company, visit

CUSIP number: 637417106

CUSIP number: 637417874

SOURCE National Retail Properties, Inc.

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