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National Retail Properties (NYSE:NNN) announced a quarterly dividend on Tuesday, July 15th, Analyst Ratings Network reports. Investors of record on Thursday, July 31st will be paid a dividend of 0.42 per share on Friday, August 15th. This represents a $1.68 annualized dividend and a dividend yield of 4.47%.

NNN has been the subject of a number of recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of National Retail Properties in a research note on Friday. They now have a $37.00 price target on the stock, up previously from $30.00. On the ratings front, analysts at Bank of America downgraded shares of National Retail Properties from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 24th. They now have a $37.00 price target on the stock. Finally, analysts at Stifel Nicolaus raised their price target on shares of National Retail Properties from $37.00 to $38.50 in a research note on Monday, June 9th. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $37.80.

Shares of National Retail Properties (NYSE:NNN) traded up 0.24% during mid-day trading on Tuesday, hitting $37.69. 36,517 shares of the company’s stock traded hands. National Retail Properties has a 1-year low of $30.01 and a 1-year high of $37.81. The stock’s 50-day moving average is $36.52 and its 200-day moving average is $34.39. The company has a market cap of $4.643 billion and a price-to-earnings ratio of 33.27.

National Retail Properties (NYSE:NNN) last released its earnings data on Thursday, May 1st. The company reported $0.51 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.51. The company had revenue of $104.10 million for the quarter, compared to the consensus estimate of $102.50 million. During the same quarter last year, the company posted $0.49 earnings per share. National Retail Properties’s revenue was up 12.5% compared to the same quarter last year. On average, analysts predict that National Retail Properties will post $2.04 earnings per share for the current fiscal year.

National Retail Properties, Inc (NYSE:NNN) is a fully integrated real estate investment trust (REIT).

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