Commercial Net Lease Realty, Inc. Declares Common Dividend.ORLANDO, Fla. -- The Board of Directors of Commercial Net Lease Realty, Inc. (NYSE NYSE See: New York Stock Exchange :NNN), an equity real estate investment trust, declared a quarterly dividend of 32.5 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. payable May 13, 2005 to common shareholders of record on April 29, 2005. The dividend represents an annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. rate of $1.30 per share. The Company has paid increased annual dividends per share Dividends per share Dividend paid for the past 12 months divided by the number of common shares outstanding, as reported by a company. The number of shares often is determined by a weighted average of shares outstanding over the reporting term. for 15 consecutive years and is one of only 221 publicly traded companies in America that have increased annual dividends paid to shareholders for 15 or more consecutive years. Commercial Net Lease Realty invests primarily in high quality, single-tenant retail properties generally subject to long-term, net leases with established tenants, such as Barnes & Noble, Best Buy, CVS, OfficeMax and the United States of America UNITED STATES OF AMERICA. The name of this country. The United States, now thirty-one in number, are Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Hampshire, . As of March 31, 2005, the company owned 379 investment properties in 38 states with a gross leasable area of approximately 8.5 million square feet. These properties are leased to 155 corporations in 57 industry classifications. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion