PreferredStockChannel
NNN REIT Inc | 5.20% Series F Cumulative Redeemable Preferred Stock (NNN.PRF)

This preferred is marked as having been called.
Prospectus excerpt:  We are offering 12,000,000 depositary shares each representing a 1/100th interest in a share of our 5.20% Series F Cumulative Redeemable Preferred Stock, par value $0.01 per share (the ÙSeries F Preferred Stockˆ). The liquidation preference of each share of the Series F Preferred Stock is $2,500.00 per share (equivalent to $25.00 per depositary share). We will pay cumulative cash dividends on the Series F Preferred Stock underlying the depositary shares in the amount of $1.30 per depositary share each year, which equals a dividend rate of 5.20% of the $25.00 liquidation preference per depositary share. Dividends on the Series F Preferred Stock will be payable quarterly in arrears on or about March 15, June 15, September 15 and December 15 of each year (or, if not a business day, the next succeeding business day). The first dividend on the Series F Preferred Stock underlying the depositary shares sold in this offering will be payable on December 15, 2016 and represents a dividend equivalent of $0.231111 per depositary share.

Full Prospectus PDF », Secondary Prospectus PDF », NNN Page »

Series:F
Alternate symbology:NNN-F, NNN-PF, NNNprF
Redeemable?:Yes
Call Date:10/11/2021 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:12,000,000
Overallotment:1,800,000
Liquidation Preference:$25.00
Original Coupon:5.20%
Pay Period:Quarterly
Pay Dates:15-Mar, 15-Jun, 15-Sep, 15-Dec
CDx3 Compliance Rating: Learn NNN.PRF's Rating
National Retail Properties is a real estate investment trust. Co.'s assets are primarily real estate assets. Co. acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment.

Preferreds: NNN.PRD, NNN.PRE, NNN.PRF


Open the NNN Information Page »
Name: 
NNN REIT Inc
Website: 
www.nnnreit.com
Sector: 
REITs
Number of ETFs Holding NNN: 
67 (see which ones)
Total Market Value Held by ETFs: 
$1,640,469,337.8
Total Market Capitalization: 
$7,239,000,000
% of Market Cap. Held by ETFs: 
22.66%

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