Global Net Lease's Series A Preferred Stock Yield Pushes Past 8%

In trading on Thursday, shares of Global Net Lease Inc's 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock (Symbol: GNL.PRD) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $23.25 on the day. This compares to an average yield of 7.98% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, GNL.PRD was trading at a 6.12% discount to its liquidation preference amount, versus the average discount of 12.80% in the "Real Estate" category.

Below is a dividend history chart for GNL.PRD, showing historical dividend payments on Global Net Lease Inc's 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock: Free Report: Top 8%+ Dividends (paid monthly)

In Thursday trading, Global Net Lease Inc's 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock (Symbol: GNL.PRD) is currently down about 0.1% on the day, while the common shares (Symbol: GNL) are trading flat.

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Also see: • BDC Investor
• SMID YTD Return
• SONA YTD Return


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