Market Overview

Analyzing National Retail Props's Ex-Dividend Date

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National Retail Props (NYSE: NNN) declared a dividend payable on November 16, 2020 to its shareholders as of October 15, 2020. It was also announced that shareholders of National Retail Props's stock as of October 30, 2020 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. The ex-dividend date for National Retail Props will be on October 29, 2020. The company's current dividend payout is at $0.52. That equates to a dividend yield of 6.0% at current price levels.

Understanding Ex-Dividend Dates'

An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

National Retail Props's Dividend History

Over the past year, National Retail Props has seen its dividend payouts and yields climb upward overall. Last year (October 30, 2019), the company's payout sat at $0.52, which has since increased by $0.01. National Retail Props's dividend yield last year was 3.61%, which has since grown by 2.39%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

 

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Posted-In: Dividends