Trader’s Buzzers: National Retail Properties, Inc. (NYSE:NNN), KBR, Inc. (NYSE:KBR)

On Monday, shares of National Retail Properties, Inc. (NYSE:NNN), included 0.97% and shut at $41.76 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $41.50 and $42.34. The Board of Directors of National Retail Properties, Inc. (NNN), a real estate investment trust, declared a cash dividend on its 6.625% Series D Cumulative Redeemable Preferred Stock of 41.40625 cents per depositary share payable December 15, 2016, to shareholders of record on November 30, 2016.  The Board also declared a cash dividend on its 5.70% Series E Cumulative Redeemable Preferred Stock of 35.625 cents per depositary share payable December 15, 2016, to shareholders of record on November 30, 2016.  In addition, the Board declared the initial dividend on its 5.20% Series F Cumulative Redeemable Preferred Stock of 23.1111 cents per depositary share payable December 15, 2016 to shareholders of record on November 30, 2016.

Shares of KBR, Inc. (NYSE:KBR), added 3.26% and shut at $16.78 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $16.74 and $17.08. The association’s commercial center capitalization is $2.38 Billion with the general uncommon loads of 142.67 million. KBR, Inc. (KBR) declared that its Saudi Arabian joint venture engineering operation, KBR-AMCDE, has signed an amendment to extend its existing General Engineering Services Plus (GES+) Contract with Saudi Aramco.

Under the terms of the contract, KBR will provide front-end engineering design (FEED), detailed design, material procurement, and project administration services (PMS) to support Saudi Aramco’s capital programs in Saudi Arabia. This amendment will extend the contract from an initial five years for a further five years with options for additional extensions.

The contract will be executed by KBR-AMCDE using resources located within its Saudi Arabia offices and focus on the development and utilization of local talent throughout the execution phases.

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