ORLANDO, Fla., April 14 -- The Board of
Directors of Commercial Net Lease Realty, Inc. (NYSE: NNN), an equity real
estate investment trust, declared a quarterly dividend of 32.5 cents per
share payable May 15, 2006 to common shareholders of record on April 28,
2006. The dividend represents an annualized rate of $1.30 per share. The
Company has paid increased annual dividends per share for 16 consecutive
years and is one of only 198 publicly traded companies in America that has
increased annual dividends paid to shareholders for 16 or more consecutive
years.
Commercial Net Lease Realty invests primarily in high-quality, retail
properties subject generally to long-term, net leases with established
tenants, such as Barnes & Noble, Best Buy, CVS, OfficeMax and the United
States of America. As of December 31, 2005, the Company owned 524
Investment Properties in 41 states with a gross leasable area of
approximately 9.2 million square feet. These Investment Properties are
leased to 176 corporations in 61 industry classifications.
