NNN REIT Inc (NYSE:NNN)
$ 40.71 0.26 (0.64%) Market Cap: 7.63 Bil Enterprise Value: 11.83 Bil PE Ratio: 18.85 PB Ratio: 1.75 GF Score: 87/100

Q3 2021 National Retail Properties Inc Earnings Call Transcript

Nov 02, 2021 / 02:30PM GMT
Release Date Price: $46.07 (+0.81%)
Operator

Good morning, ladies and gentlemen, and welcome to the National Retail Properties Third Quarter 2021 Operating Results. (Operator Instructions) It is now my pleasure to turn the floor over to your host, Jay Whitehurst. Sir, the floor is yours.

Julian E. Whitehurst
National Retail Properties, Inc. - CEO, President & Director

Thank you, Matthew. Good morning, and welcome to the National Retail Properties Third Quarter 2021 Earnings Call. Joining me on this call is Chief Financial Officer, Kevin Habicht; and Chief Operating Officer, Steve Horn.

And we're pleased to report another solid quarter for National Retail Properties with increasing acquisition volume, high occupancy and rent collections and a rock-solid balance sheet. We increased our common stock dividend in August, making 2021 our 32nd consecutive year of increased dividends. Only 86 other U.S. public companies, including only 2 other REITs, can offer that impressive track record of consistent dividend growth to investors.

And as our press release this morning indicates, we are

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