728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads

National Retail Properties, Announces 2017 Dividend Tax Status

THIS POST WAS ORIGINALLY PUBLISHED ON THIS SITE Click Here To Read Entire Article

ORLANDO, Fla., Jan. 12, 2018 /PRNewswire/ — National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, announced today that 86.3987% of the dividends paid to common shareholders, 100.0% of the dividends paid to shareholders of its Preferred Series D, 100.0% of the dividends paid to shareholders of its Preferred Series E and 100.0% of the dividends paid to shareholders of its Preferred Series F in 2017 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
Dividend

Ordinary
Dividend

(Box 1a)

Total Capital
Gain
Distribution

(Box 2a)

Unrecaptured
Section 1250
Gain (1)

(Box 2b)

Non-taxable
Distributions

(Box 3)

Common Stock (CUSIP #: 637417106)

100.0000%

83.8592%

2.5395%

0.6556%

13.6013%

$1.860000

$1.559781

$0.047235

$0.012194

$0.252984

Preferred Series D (CUSIP #: 637417601)

100.0000%

97.0607%

2.9393%

0.7589%

0.0000%

$0.3128472

$0.3036517

$0.0091955

$0.0023742

$0.000000

Preferred Series E (CUSIP #: 637417809)

100.0000%

97.0607%

2.9393%

0.7589%

0.0000%

$1.425000

$1.383115

$0.041885

$0.010814

$0.000000

Preferred Series F (CUSIP #: 637417874)

100.0000%

97.0607%

2.9393%

0.7589%

0.0000%

$1.300000

$1.261789

$0.038211

$0.009866

$0.000000

(1)     Represents additional characterization of, and is part of, “Total Capital Gain Distribution.”

“The common dividend of $1.86 per share paid in 2017 marked the twenty-eighth consecutive annual dividend increase for National Retail Properties,” 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 for many years.”

National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases.  As of September 30, 2017, the company owned 2,687 properties in 48 states with

About The Author

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *